Upendra Mahato, Chaudhary kin among 7 Nepalis listed in ICIJ’s Panama Papers data WATCH VIDEO NEWS

7:19 AM

 Posted by Anup Baral May 10, 2016 :

Names of seven Nepalis appear in the Panama Papers offshore data that the International Consortium of Investigative Journalism (ICIJ) released on Monday. Among them are Upendra Mahato, Nawang Dolma, Uma Devi Singhania, Arun Kumar Chaudhary, Suryansh Kumar Chaudhary, Karan Kumar Chaudhary and Shila Chaudhary. ICIJ has integrated the new release with the Offshore Leaks database that it published in 2013. The integrated database includes name of Nepali entrepreneur Satish Lal Acharya, suggesting that details about him originated from the Offshore Leaks.Upendra Mahato, a businessman of Nepali origin based in Russia, is the former president of Non-Residential Nepali Association, while Arun Kumar Chaudhary is the Managing Director of Chaudhary Group. Arun is a brother of Nepal’s only billionaire Binod Kumar Chaudhary. All Chaudharies are associated with the Chaudhary Group, while Singhania and Nawang Dolma are the least heard of names. The database has published four addresses–three in Kathmandu and one in Siraha– also linked to the Panama Papers.

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