Nepal: Relief for Indian `casino king` by SC

Nepal`s top court stayed the order of the govt to scrap the license of Indian `Casino King` Rakesh Wadhwa to run casinos in the country.

Kathmandu: Nepal`s top court on Tuesday stayed
the order of the government to scrap the license of Indian
`Casino King` Rakesh Wadhwa to run casinos in the country amid
tax liabilities row.

Justice Girishchandra Lal of the Supreme Court issued
the stay order on the government decision to revoke the
license of Nepal Recreation Centre (NRC), which is owned by
Wadhwa and operates four casinos in the country.

The court issued notices to the government and the NRC
and directed them to be present at the next hearing on July
11, Nepalnews online said.

Last week, Wadhwa had filed a case in the Supreme
Court after authorities scrapped the license of NRC.

Earlier this year, the government began the process to
close down some of the casinos that attracts thousands of
foreign tourists, mostly Indians, after recommendations from
the finance ministry for tax evasions.

Even though gambling is illegal in Nepal, eight hotels
in the capital and two in the popular tourist town of Pokhara
run casinos under special government permits that bars local

Khadga Bahadur Bishwakarma, the Minister for Tourism
and Civil Aviation, had revoked the licenses of NRC to operate
the casinos after it allegedly failed to clear its tax

NRC owes the government Rs 34 crore for running four
casinos Casino Tara at Hotel Hyatt, Casino Nepal at Hotel
Soaltee, Casino Anna at Hotel Annapurna and Casino and Casino
Everest at Hotel Everest, the report said.


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