Bansbari land grab: Industrialist and lawmaker Binod Chaudhary in hot waters

KATHMANDU: The Bansbari Leather and Shoe Factory’s troubles began when reports from government agencies indicated continuous financial losses, leading to a decision to sell 10 out of its 83 ropani land.

The factory, embroiled in controversy, initiated the sale to a company named ‘Champion Footwear Limited’ at a rate of 250,000 rupees per ropani during the 401st meeting of its Board of Directors in 2043 BS.