The Chinese company China CAMC Engineering Company Limited has furnished a deposit of Rs 2.5 million in the Pokhara Airport corruption case.
A Special Court bench, led by Judges Narayan Prasad Paudel and Umesh Koirala, has ordered that the trial will proceed once Rabin Rijal—the company's authorized representative— furnishes a cash deposit or bank guarantee of Rs 2.5 million.
Considering the evidence immediately Considering the evidence —specifically the commercial contract advance from May 14, 2022—the court ruled that the defendant company’s situation falls under Section 7 (d) of the Special Court Act 2059.
An agreement was reached between the Civil Aviation Authority of Nepal and the company, fixing the cost of the construction of the airport at US $ 215.964 million.
A case was filed against the company, alleging that it had acted in collusion with government officials to cause an illegal loss of $74.343 million and caused damage to the authority by unnaturally increasing the cost estimate by $74.343 million to $244.40 million, exceeding the approved estimate of $169.697 million.
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