Sunday, July 13, 2025
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • 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
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo

OAG and ACC take Nubri Investment case to Supreme Court

August 5, 2022
in Crime/Legal
Reading Time: 1 min read
0
0
SHARES
12
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

NA approves 10% tax on interest over Nu 300,000 a year

NA reverses course, sets CIT at 22%

4 weeks ago
81
Bhutan will experience normal to slightly below normal monsoon

Bhutan will experience normal to slightly below normal monsoon

8 years ago
1

12 years ago
0

Bhutan-Nepal friendship golf cup kicks off in Thimphu

13 years ago
1

BROWSE BY CATEGORIES

  • Accidents (15)
  • Agriculture (455)
  • Announcement (182)
  • Audience Survey Report (1)
  • Business (766)
  • Crime/Legal (372)
  • Culture (48)
  • Development (58)
  • Disaster (57)
  • Economy (296)
  • Education (424)
  • Entertainment (17)
  • Environment (69)
  • Feature (65)
  • Featured (6)
  • Festival (82)
  • GMC (14)
  • Headlines (7)
  • Health (638)
  • HYDROPOWER (1)
  • Legal (53)
  • Literature (9)
  • Livestock (77)
  • Media (26)
  • Other Stories (5,756)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (717)
  • Social (565)
  • Sports (461)
  • Technology (193)
  • Tourism (23)
  • Uncategorized (13,869)
  • Video (141)
  • Video Story (257)
  • Wildlife (42)

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
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

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

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    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
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

  • Electrical short circuits spark nearly 40% of house fires in past two years
  • CCAA’s study calls for govt intervention as online businesses struggle with delivery and unlicensed sellers
  • New water treatment plant worth Nu 43 M brings relief to Nganglam town residents
  • Narrow GC road in Dotey Gewog poses risk despite recent improvements
  • Poor road conditions threaten safety and livelihoods in Toebisa Gewog, Punakha

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • HYDROPOWER
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Webmail
  • 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
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.