Kathmandu, August 15
Nepal’s most popular club, Lord of the Drinks (LOD) is being investigated for tax evasion.
According to the Department of Revenue Investigation, a 22-hour-long operation was conducted at the club on Friday.
Nawa Raj Dhungana, Director General of the Department of Revenue Investigation, confirmed that the raid was conducted based on the information that the club was charging large sums of money from users visiting the club and were not paying enough tax.
“After the information of tax evasion, we have taken control of all the business accounts of LOD,” Dhungana told Onlinekhabar. “Further investigation is underway.”
Officials of the department, on Friday night, observed how much the club charges people to enter the club and tally it with the information provided by LOD.
The department has also called the club’s operators, Rudil Shrestha, Bhupen Kunwar, Raju Singh Suwal and Shwam Sundar Agrawal.
An extensive operation was carried out by the department to ascertain the actual number of individuals who frequent the club on Fridays, the day that the club asserts to be its most busy day of the week. This is then being cross-referenced with the figures provided by the club itself.
