KATHMANDU-The high-level committee formed by the government on December 7 to investigate the case of buying and selling 80 percent of Ncell shares is submitting its report to Prime Minister Pushpa Kamal Dahal Prachanda.

The 5-member investigation committee formed by the cabinet meeting on December 7 will submit its report to Prime Minister Prachanda today.After about 2 months of research and study, the report is about to be submitted to the Prime Minister.

Former Auditor General Tankamani Sharma said,”Our report has been prepared and we will submit the report to the Prime Minister today.

Sharma was the coordinator and the members of the committee were Fanindra Gautam, Baburam Bhandari, Ritesh Kumar Shakya and Sujan Kumar Kafle.

The government had formed a committee expressing its displeasure over the fact that 80 percent of Ncell’s shares were traded without informing the Telecommunication Authority and not completing the government process.

A Malaysian company named Axiata has sold its shares to Spectralite in the name of non-resident Nepali Satish Lal Acharya. The inquiry committee was formed after criticism from the main opposition parties.