Tuesday, September 22, 2020

The report claims- Jinping in China, Nepal using corrupt leaders of poor countries

published on: 14/07/2020 5:02 AM

  • Nepal’s Prime Minister Oli has tied up with many Chinese companies by following rules
  • Claim- Oli has an account with Mirabod Bank in Geneva, Switzerland, deposits $ 5.5 million (about Rs 41.34 crore)

Daily newspaper

Jul 13, 2020, 05:21 pm is

Kathmandu China uses corrupt leaders of poor countries to get hold of that country. Nepal is an example of this. This has been claimed in a report by Global Watch Analysis. According to this, China made inroads there by bribing Nepal’s Prime Minister KP Sharma Oli. Ollie’s wealth grew rapidly in a few years. Oli has built properties in other countries. He has been accused of corruption in many business deals with the help of China.
According to the report, Oli has an account with Mirabod Bank in Geneva, Switzerland. It has $ 5.5 million (about Rs 41.34 crore) deposits. He has invested this amount in the form of long term deposits and shares. Oli and wife Radhika Shakya get about 1.87 crores annually. Is benefiting

How does china work
China sends Chinese companies to these countries with the help of corrupt leaders of poor countries. After this, it slowly starts interfering in the politics of that country. China’s purpose behind this is to maintain its dominance in that poor country for a long time.

How often did Oli commit corruption with the help of China:

  • Oli invested in the telecommunications sector of Cambodia during his first term in 2015–16. He was assisted by V Chuntai, then Ambassador of China to Nepal. The deal was decided by Nepali businessman Ang Sharing Sherpa, a close friend of Oli. Cambodia’s Prime Minister Hoon Sen and Chinese diplomats Fenum Penh and Bo Jiangeo were also helped.
  • Olly was also accused of corruption during his second term. Keeping the rules in mind, he signed a contract to create a digital action room in December 2018 with Chinese telecom company Huawei. However, Nepal’s state-owned telecom company could easily do this. It was later clear that Ollie had received money from China.
  • In May 2019, Nepal Telecommunication tied up with a Chinese company in Hong Kong to create a radio access network. In the same year, a deal was also signed with Chinese company JTE to install core 4G network. Both these projects were to be completed at a cost of 130 million euros (about 1106 crores). Even in finalizing these projects, there was talk of Oli’s rigging.
  • In June this year, Nepal bought Protective Gears and Testing Equipment for Corona at a cost of 73 million Euros (about 621) crores. Most of them were poor and their cost was also high. The students of Nepal demonstrated about this. The government had demanded clear information about their purchase. Investigations are on in this regard against the Health Minister of Nepal and some senior advisors close to Oli.

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