According to the Financial Comptroller’s report, there were irregularities in Nepal Trust’s land lease to Yeti Group

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The Nepal Trust’s lease of 2792 ropanis of in Gokarna to the group was found to be irregular by the Office of the Financial Comptroller.

The Financial Comptroller has proposed that the be re-evaluated and put on lease, claiming that the has lost money by leasing without competition and without re-evaluating the land. The previous government, led by KP Oli, was accused of corruption leasing at a fraction of its market value.

The government leased the Trust’s to a resort owned by the Group for another 25 years a year and a half ago, six years on the term.

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