Money

Two banks lose Rs1.7 billion over troubled water project

Bank of Kathmandu and Himalayan Bank have failed in their effort to prevent Melamchi Drinking Water Project from pocketing the banks’ combined guarantee of Rs1.73 billion they had given to China Railway 15 Bureau Group, an ex-contractor of the project. Two banks lose Rs1.7 billion over troubled water project
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Published at : September 19, 2018
Updated at : September 19, 2018 12:30
Kathmandu

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