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    Nepal Breaking NewsNepal Stock ExchangeThe FNCCI is concerned about media coverage that mentions the name of...

    The FNCCI is concerned about media coverage that mentions the name of its senior vice president

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    The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has stated that a news article relating the name of senior vice president Chandra Dhakal has aroused its serious attention.

    The FNCCI voiced worry today in a press statement regarding the news concerning the purchase of a promoter share in Sarbottam Cement Limited and its relation to the companyR7;s senior office-bearer.

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    According to the statement, the FNCCI designated Dhakal as representative in the Securities Board of Nepal ( SEBON) on December 5, 2020, as per the institutional provision.

    Dhakal had been to every Board meeting since January 24, 2021, and his brother, Hem Raj Dhakal, had completed his share transactions before the former took over as the FNCCIR7;s SEBON representative.

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    The FNCCI argued that linking the name of Senior Vice President with share transactions made within two months of his election and appointment as a SEBON representative completely untrue and misleading, and that such news content might affect the institutionR7;s image and the person’s dignity. It has solely aimed to disseminate news that is based on facts.

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