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Tourism Department to auction Nepal Recreation Centre's land
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Kathmandu, Feb. 8 -- The Department of Tourism is preparing to issue an auction notice to sell property belonging to defunct casino operator Nepal Recreation Centre and recover monies owed to the government totalling Rs535 million. The company in liquidation owns around 3.5 ropanis of land and a house at Kalimati.
Dandu Raj Ghimire, director general of the department, said that they were in the final stages of issuing a notice to auction off the land and building of Nepal Recreation Centre.
In June 2011, the government scrapped the operating licence of Nepal Recreation Centre after it failed to pay taxes and royalties owed to the government. The case went to the Supreme Court which ruled that the monies owed by Casino Nepal should be co...
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