Nepal's PM Oli taking bribe from China, Rs. 41 crore deposited

Kathmandu, Ta. 14 July 2020, Tuesday

Nepal's Prime Minister KP Sharma Oli has been accused of accepting crores of rupees in bribes from China. According to a report, the Chinese government is bribing Nepal's Prime Minister KP Sharma Oli to the tune of several million dollars. Oli has a bank account of Rs 41.34 crore in Geneva. This is how China is working to provoke the Nepalese government against India.

China is conspiring against India by bringing together corrupt leaders from poor economies in its neighborhood. According to a recent report by Global Watch Analysis, China has made its way to Nepal through KP Sharma Oli. Oli's wealth has reportedly multiplied over the past few years.

Oli has also bought properties in several foreign countries. In return, Oli has helped China implement its business plan in Nepal. Chinese Ambassador to Nepal Hou Yanqi is also helping with the plan. According to reports, Nepal's PM Oli also has an account with Mirbod Bank in Geneva, Switzerland, with about Rs 41.34 crore in his account. Oli has deposited that amount in the bank as a long term deposit and shares.

Oli and his wife Radhika Shakya are also making a profit of about Rs 2 crore every year by depositing money in this account. According to a Global Watch Analysis report, Oli invested heavily in Cambodia's telephone sector during his first term in 2015-16.

Wu Chuntai, the Chinese ambassador to Nepal at the time, helped Oli a lot. The deal was struck by Anga Shering Sherpa, a businessman close to Oli. The deal also involved Cambodian Prime Minister Hu Jintao and Chinese Ambassador Bo Jiang. Oli struck a deal in December 2018 with Chinese company Huawei to build a digital action room, setting aside government and international regulations. Then in May 2019, Nepal Telecommunications struck a deal with a Chinese company in Hong Kong to set up a radio access network.

This year, a deal was also struck with Chinese company JTE to set up a 4G network. Both these projects will be completed at a cost of about Rs 1,107 crore. The methods used by Oli to employ these companies were strongly opposed in Nepal and internationally. Not only that, Nepal also bought PPE kits and testing machines for Corona from China for Rs 621 crore in which most of the items were bad. At the same time, their prices were much higher. The students of Nepal staged a huge demonstration. The case is being investigated by Nepal's health minister and Oli's personal associates.