Posted by: ma_ta_nepali February 16, 2006
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Some more stuff on web about this royal jwain.
Attack to Nepal Telecom to feed son-in-law
Kathmandu: Close friends and relatives have been immensely surprised to see Raj
Bahadur Singh become a businessman involved in investments worth billions of
rupees. He is son-in-law of King Gyanendra who has invested 40% in the controversial
communication company named Spice Nepal. Those who know him say that he does not
have unusually high financial resources. His father is a retired DSP who had been
jailed for 2 years for shooting an ordinary people without reason when he was posted
in Arghakhanchi. Raj Bahadur has been accused of being involved in prohibited and
illegal business during his student days in the US and having an illicit relationship
with a married woman. Not a single rupee has been registered under his name in the
taxation offices. A Russian Megaphone Company had bought Spice Nepal three years ago. Dr. Upendra Mahato, a billionaire businessman in Russia has a share in Megaphone. The Modi Group of India and the Khetan Group had also tried to run Spice Nepal but was
not allowed by the high power from the palace. Modi Group was chased away from
Nepal altogether and Khetan group denies any involvement due to threats from the
Army, who were heavily used during the whole episode. It has been said that
Mahato, known as Russian Mafia gave 40% of the share to Raj Bahadur Singh to
ensure the security of his company. 60% of the investment is of Megaphone and 40%
has been shown to be from Raj Bahadur and Ajayaraj Sumargi. It is becoming clearer that Raj Bahadur is the key person causing the close down of mobile phone service of Nepal Telecom.
Sources have stated that Spice Nepal is distributing mobile phone lines only after
August and hence the pre-paid service of the Nepal Telecom will not be started at
any condition until then. It’s clear that Janakpur cigarette factory was similary
crumbled to establish the present King’s Surya Tobacco Company. Nepal Telecom
has been paying 3 billion rupees royalty per year and has beared a loss of 1.35
billion rupees since 1st February. No one believes that the puppet Royal Commission
for Corruption Control will do anything on this issue.
http://www.nepalresearch.org/coup_2005/papers/uml_democracy_1_20.pdf.