KATHMANDU — The Kathmandu District Court has ordered Standard Chartered Bank to freeze Turkish Airlines Inc’s accounts at the bank.
The court has ordered the bank to freeze Rs 23,815,025 deposited in Turkish Airlines’ two accounts 01 257467502 and 01257467554 with the bank until the affected party, Zenith Travels Pvt Ltd, approaches the court seeking ‘reconsideration’ on the matter.
The court ordered to freeze the Turkish Airlines’ accounts with the Standard Chartered Bank after Zenith Travels Pvt Ltd filed a case against the airlines seeking compensation for the investment it had made to become the airlines’ general sales agent (GSA) in Nepal.
According to Zenith Travels Pvt Ltd, the company invested more than two crore rupees for setting up infrastructure in the hope that it would be offered the airlines’ GSA but later the airlines refused the same without paying back the money.
According to Jay Devan, managing director of Zenith Travels Pvt Ltd, the company has filed a lawsuit against the airlines after it ignored repeated requests to return the investment made by the former.
Devan said Turkish Airlines held his bank guarantee for a long time without entering any agreement.Follow @gorkhapost
NC consults experts on govt’s policies and programs
KATHMANDU — The main opposition party, Nepali Congress, has taken suggestions from experts regarding the government’s policies and programs.
A meeting of the Nepali Congress parliamentary party convened at the parliamentary party’s office in Singha Durbar today consulted with the economists and former bureaucrats on the policies and programs of the government.
The government presented its policies and programs for the fiscal year 2018/19 in the Federal Parliament on Monday.
Deliberations will be held on the policies and programs in the House of Representatives and the National Assembly from Wednesday.
NC leader Dilendra Prasad Badoo, talking to the National News Agency, RSS, said that the meeting reviewed the government’s policies and programs and also discussed on issues the party would speak on in parliament.
Before this, the Nepali Congress had decided to put its views in parliament by forming thematic committees.Follow @gorkhapost