Kathmandu, April 18 -- Embezzlement of funds amounting about Nepali Rupees (NRs) 14 billion has been made during the construction of China-loaned Pokhara International Airport, a parliamentary subpanel has concluded after months-long investigation.

The investigation made by the subpanel of the House of Representatives' Public Accounts Committee (PAC) in its final report has confirmed irregularities and corruption in the construction of the airport.

China CAMC Engineering, the construction division of state-owned conglomerate Sinomach, played a pivotal role in the Pokhara airport project. It imported building materials and machinery from China, and the airport itself was brimming with Chinese-made security and industrial technology. Desp...