Sunday, May 11, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

OAG and ACC take Nubri Investment case to Supreme Court

August 5, 2022
in Crime/Legal
Reading Time: 1 min read
0
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

The Nubri Capital case is now in the Supreme Court. The Office of the Attorney General and the Anti-Corruption Commission appealed to the apex court yesterday. The High Court earlier acquitted the former Executive Director and two General Managers of the RICBL accused of irrational investment in Nubri Capital, a fund management company which the OAG said was a failure to declare a conflict of interest, abuse of function, and forgery. 

The Office of the Attorney General appealed to the High Court in April.

The OAG also accused the RICBL of bypassing the investment guidelines and investing Nu 100 M in Nubri Capital at an interest rate of nine per cent in February 2013.

After three days, Nubri Capital re-invested Nu 108 M in the RICBL at an interest rate of 11.75 per cent. The OAG stated that this is against the Regulations for the issue of Corporate Bond 2012.

The High Court passed its judgment last month.

The OAG forwarded the case to Thimphu district court in 2019.

Kinley Dem

Previous Post

Chhoekhor-Tang constituency reminds government of unfulfilled pledges

Next Post

Cost of construction goes through the roof

Next Post

Cost of construction goes through the roof

Haa DT rejects Bji Gewog's proposal of regulating daily wage rate

RENEW opens a shelter for domestic violence survivors in Punakha

Please login to join discussion

RECOMMENDED NEWS

Measures to tackle gang formation

15 years ago
1
His Majesty Grants Dakyen to the new Chief Justice

His Majesty Grants Dakyen to the new Chief Justice

5 years ago
35

131% pay raise for the PM instead of 92%

11 years ago
2
Couple still missing after Kuri-Gongri Bailey Bridge collapses two weeks since reconstruction 

Couple still missing after Kuri-Gongri Bailey Bridge collapses two weeks since reconstruction 

2 years ago
8

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (415)
  • Announcement (170)
  • Business (730)
  • Crime/Legal (361)
  • Culture (41)
  • Development (48)
  • Disaster (56)
  • Economy (268)
  • Education (401)
  • Entertainment (11)
  • Environment (52)
  • Feature (65)
  • Featured (6)
  • Festival (77)
  • GMC (11)
  • Headlines (15)
  • Health (610)
  • Legal (51)
  • Literature (9)
  • Livestock (73)
  • Media (22)
  • Other Stories (5,422)
  • Politics (418)
  • RCSC (1)
  • Recent stories (6)
  • Religion (42)
  • Sci/Tech (707)
  • Social (473)
  • Sports (441)
  • Technology (190)
  • Tourism (17)
  • Uncategorized (13,865)
  • Video (128)
  • Video Story (240)
  • Wildlife (39)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • Man sentenced to 14 years in prison for raping 12-year-old girl

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • 9th Annual Journalism Awards celebrate Bhutan’s storytellers
  • New 60-bed mental health hospital to be ready by September this year
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals
  • No ban on fresh beef import: Agriculture Minister
  • Buelwa and Gangnam Girls stream on Amazon Prime, marking a milestone for Bhutanese cinema

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.