NOC executive director Umesh Thani accused of embezzling Rs 400 million

June 23, 2022

A complaint was lodged against Executive Director of NOC Umesh Prasad Thani alleging that he had embezzled Rs 400 million (40 crore) by increasing the price of petroleum products without clearing the stock. In the complaint, it has been claimed that the MD Thani has increased the price in collaboration with the petrol pumps.

Complainant Damodar Regmi has mentioned that the price of petrol has been increased sharply by giving enough fuel to the petrol pumps.

In Parliament on Monday, lawmakers also accused the NOC officials and ministers of collusion for raising prices without stock clearance.

Meanwhile, Thani has warned that the country will be in dire state if the government does not show interest in energy management.