Monday, March 3, 2014

The Revelation in FCB Case

During an informal dinner with my old classmates yesterday in Phuentsholing, I bumped into one of the journalists who had been trying to cover FCB scandal. Our casual conversation about the case revealed that there is a huge corporate scandal behind sugar and rice missing from FCB. From this perspective, the  shifting of ultimate financial obligation from the corporation itself to helpless individual and the FCB CEO, shamelessly walking as if nothing has ever happened is nothing short of case study for Government and corporate bodies to ponder upon. How did this society give birth to such a fascist????
If it were anywhere around the world, the CEO should have resigned on moral grounds but here we are, facing a not-so-gentleman. Looks like he is waiting for his skin to be tanned till the last inch with  corporate misgivings. So many employees are being threatened, moved , treated unfairly just in the  name of change.
There is a deep revelations of fraud, deception and outright robbery by senior management and this has not only frightened the staff but has also now disgusted the  public while galvanizing government and the FCB Board members  into belated displays of severity with corporate wrongdoing.
It may not sound significant, but there is a demand for such scandals be prevented in future as good corporate governance become another parallel culture. In particular the role of corporate boards of directors - too often revealed by scandal to have been inattentive at best or complicit at worst in the misdeeds of management - has come in for highly critical scrutiny. It calls for investigators, journalists, thinkers and decision makers about the kind of people we put at the helm.
Have we done ourselves any good?????


128 comments:

  1. Passang was telling me about your discussions. I hope you guys will work together and get the coverage soon.

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    1. What a mess...what a fucked up company.

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    2. fucked up company like fcb, fucked up ceo like fcb ceo and officers like sangway wangdi, opema wangchuk and ugyen chedup

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    3. those people like meera basnet going on transfer and resigning are told that they wont get transfer grant. So in which service book is it written that?

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  2. let samten and rupesh open mouth. everything will come out in gutters then.

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  3. m just wondering how they are going to prepare the balance sheet and P/L accounts with so many financial irregularities.

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  4. in the end, some people will pay very dearly

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  5. whatever said and done, CEO's pool vehicle, his salary hike, his discretionary allowances and rice missing case is very interesting. Heard a lot about his lies and his habits from lots of people. Hope ACC is doing something about it also.

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  6. fcb announced job vacancies for many senior posts but they they didnt announce for ceo and cash crop head. So ceo is going to be there for another contract period i think. even sfo is not announced. so now we know who plays games in fcb

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  7. Today, is International Happiness Day and also Bhutanese Confusion Day. Many people are still thinking that it is a holiday. I am confused too.

    But I woke up early today to pray maximum happiness for some people. Wishing Karma Nidup, Pema Wangchuk, Megraj Gurung, Kezang Dorji and Jit Biswa...all from FCB... all the happiness that they can manage from today.

    Sometimes, we can change history. At the center of all history are some awkward people creating weird vibes.

    These people shall soon be remembered in Bhutanese corporate history for all the messes they have created. It may well be remembered that these days, fruits don't always ripen on the trees you plant. It is plucked by someone and it ripens elsewhere when right time comes. It is more so that someone somewhere eats the fruit that grows on your trees. Good luck FCB and good luck Karma Nidup and party. Happy International Happiness Day. May your family have the courage to face the truth you suppressed and shamelessly manipulated for so long.

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    1. i saw this ion facebook also. Good luck boss. please do make sure that people do pay.

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    2. Wow, this is daring. Good luck to you and to fcb ceo and party...sounds like politics when we say party

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    3. you have not emntioned name of sangay wangdi kla. he is the one who is the mastermind of all these mess

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    4. dont worry la, sangay wangdi will come on line when people involved come to court

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  8. Tshering, all the best in court and please make sure FCB CEO's ass skin is taken outta and made in shoes...made in FCB.

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    1. fcb ceo's skin is not worth much la but he going to prison will be lesson for every CEO

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    2. yea, time for pema wangchuk to puke his bloody bad heart.

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    3. not only pema wangchu but also ceo and black ass sangay wangdi. dont leave anyone including sfo

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  9. It will not matter now how many lies FCB CEO wants to hide. It is goignt ot get exposed in court now. Good homework tshering. if u win, consider that FCB staff will party with u for 3 days at FCB Head Office

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    1. if tshering win, i give him my bonus and ltc

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    2. i ll also give my bonus, LTC, leave encashment and sponsor party at orchid hotel if FCB CEO go out

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    3. i cnt give this year bonus but if ceo n sfo out, i will give two bottles foren wine to party organise

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    4. if sangay wangdi go outta job, i will give one week paid holidays trip to bangkok to tshering

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    5. ceo jama la gaw na should go too

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  10. Great job Tshering. From what i know now ur father was set up by FCB. You carry on with ur fight. I see FCB CEOs future becoming black n white now. Cheers. Take care of u.if he was intellegent he would have solved this problem long time back but looks like he was involved legs and hands in mud in the crime. Sympathy to him for all the exposure now.

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  11. Tshering, dont trust upon fat ass pema wangchuk. he is one hell of crook. all the mess in FCB is because of him. he is that sly jackal who can bite ur back given a chance but his days looks numbered now. hope ass comes soon.

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  12. i think its time for pema wangchuk to speak truth abt rice and how much money he receive from supplier as kickback. the documents are so obvious. also time for ceo's gay partner to speak out what he did with sugar and some rice

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  13. there is one way of revealing the truth in FCB which no one talk till today, not even tshering. if Sangay Wangdi is transferred from cash crop to other division, then all cases will come along. it was easy actually to find truth abt the shortage, FCB could have put all IT people including Vishnu and absconding labourers into detention. the truth was already out long time back but since FCB CEO is involved in crime, he will not do. This thing is talked in FCB openly now

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    1. very correct. of fcb ceo not involved with his gay partner sangay wangdi, he would have solved problem long back but now all messed up. where are the labourers ceo??? did u send them home because they were doing work under u? who told u to guarantee them from police detention?? poor dinesh, now eat some dry bread okay at police station soon

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    2. pema wangchuk is very interesting character actually. he knows where the rice and sugar went but he will not speak until he is made to pay for rice soon. he is in mess totally. better to speak the truth now and save ur ass pema wangchuk other wiase u can never come out of this mess. it will become hell for u.

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  14. i dont know whether u heard or not but there was this security guard, tenzin who was removed from work without any reason. I hope labour is watching this. is FCB karma nidup or sangay wangdi's company???? why is labour ministry very quiet about it? if labour minstry cannot protect such innocent people than i think FCB is now becming home to mafia as tshering said

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    1. the gay partners are having nice time in samdrup jongkhar hahahaha.

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  15. Samdrup ChogyelMay 7, 2014 at 3:37 PM

    From Kuensel today...FCB CEO should read this news from kuensel. Tshering, u can now appeal to court on this ground even if labour ministry is not willing to work on it. both fcb ceo and labour director will be in thick shit. go ahead.

    G4S found guilty of petty misdemeanour

    The Bhutan office has to pay Nu 219,708 to a wrongfully terminated employee
    Crime: Thimphu district court on April 24 ordered G4S Security Services private ltd (Bhutan) to pay Nu 219,708 to one of its former employees in a month’s time.
    This, the court verdict said, is in accordance with section 85 and 86 of the Labour and Employment Act 2007 and the principles of natural justice.
    The former employee, Sonam Tenzin, was terminated without benefits from G4S after he availed of leave for some personal reasons.
    The court verdict stated that Sonam Tenzin should be paid Nu 32,202 per month for five months, which amounts to Nu 161,010 in accordance with section 94 of Labour and Employment Act 2007, leave encashment of Nu 36,522, and Nu 22,176 bonus.
    The G4S office, the court verdict said, had not abided by the draft contract sample approved by the labour and human resource ministry, but instead deleted clauses in the contract that gave benefits to the employees.
    The office, for changing the clauses of the contract of employment and violating the principle of natural justice, was found guilty of wrongful termination. The offence was graded as a petty misdemeanor, and the office was sentenced to one-year prison term. The office could pay thrimthue in lieu of prison term.
    The plaintiff, in his statement to the court, said he worked in the private company for more than four years, and availed of leave on April 29, 2013.
    Although the managing director of the company approved the leave without payment, the office, without any communication whatsoever with him, terminated Sonam Tenzin without benefits.
    The employee then appealed to the labour ministry in June last year, and later filed the case in court, asking the court to call the officials of G4S and seek explanation on why he was terminated, and requested the court to grant him his retirement benefits.
    G4S officials contended before the court that Sonam Tenzin took leave when he knew that he had to submit report to G4S office in Hongkong and Delhi, and that he sent his leave application through someone. The office also said that the plaintiff did not come to office to submit his office stationery.
    The plaintiff’s representative, Pasang Dorji, said that Sonam Tenzin should be paid three months’ salary, besides his provident fund from Bhutan Insurance ltd, leave encashment and bonus. The total amounts to Nu 186,376.

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    1. Samdrup ChogyelMay 7, 2014 at 3:37 PM

      CONTINUED...

      The court, however, increased the amount.
      The court also said that, although the employee should be reinstated, the matter was dropped since the plaintiff never asked for reinstatement.
      G4S office representative contended before the court that office would not accept the laptop, as Sonam Tenzin did not bring the laptop when office asked him to.
      Nu 54,663, therefore, should be deducted, he said.
      The representative also argued that he was not paid Nu 28,000 as the plaintiff did not pay the amount he took from office. “He was also not entitled for bonus, since he left before G4S office in Delhi declared bonus. He will also not get leave encashment, as the head office in Delhi asked the employees to use their leave entitlements.”
      The plaintiff’s representative argued that the office should pay the leave encashment in accordance to the Labour Act and not in accordance to G4S office in Delhi.
      The court said that, upon investigation, it was found out that, although the internal service rules required signing of a contract for employment between the employer and employee, the clauses were changed.
      The court also said that the contract clearly specifies that the office could terminate an employee only if he committed some grave misconduct. “It’s an offence to terminate an employee without valid reasons,” the verdict said. “The employee should be given opportunity to explain why he or she failed the duty.”

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  16. I think the labour law is very clear about the benefits and illegal termination of service contracts. Now the issue is whether FCB is above the Law or the law is not enforceable. I think the court should interpret the law and explain its meaning to FCB.

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  17. If law is not enforceable, then there is no point in having law at all. Once law is enacted and the case goes to the court, both the enforcer and those breaching the law would have to answer. the question is valid, " IS FCB MANAGEMENT ABOVE THE LAW?' and I think Tshering is asking this question to labour secretary whether FCB is above the law or the labour cannot be enforced.

    If FCB is subject to Law, thenh I think there are pertinent questions to ask.



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    1. Yea, i read that letter sent to ACC Chairman also

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    2. and the language kind of freaked me...it says straight away if FCB management is above the law

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    3. Thats the issue here, if FCB management above the Law or subject to Law? If FCB management is above the Law, they got to prove by way of constitutional rights.

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    4. So I have the right to ask this question not only to FCB management but also to FCB Board of Directors who are also subject to Law.

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  18. The whole case now centers around question whether FCB management is above law.

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  19. What is FCB CEO? So long you have all the documents I don't feel he can move his ass now. It is just a matter of time before truths are revealed but whether FCB CEO is involved or not he is in or for trouble because of contract agreement and labour law. As a CEO of a company, he should ahve sorted out this problem long time ago but instead he engaged himself in listening to his cronies and manipulating people. JMD Singye resigned as a protest for unfair treatment meted out on him. When senior official resigns, there is always a problem in management and this is so evident here.
    Its time maybe, for Tshering to show that one man can change the direction of a company and that I feel will come out very soon. Everyone has ups and downs. I think FCB's up are now peaked. They are in for down now. At media, we will watch this drama unfold and when it is done, I think we will make sure some people taste their own garbage.

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    1. thats exactly the thing i wanted to say. what is fcb ceo when fcb itself is government enterprise. as a government enterprise, fcb should follow laws and rules that every citizens and legal entities are subject to. therefore, the flaunting of law by legal entities like fcb portrays an image in my mind whether fcb is a legal entity at all if it can flaunt law? if people like sonam tshering can go to prison for carrying few piece of tobacco products, i think fcb ceo should be in jail for three lifetimes at least.

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  20. For FCB law has no value and irrespective of the law, he takes his own decision and it is now fully ripped that the concerned authorities especially the Board questions the integrity of FCB image. But he is currently very busy lobbying and pleasing the ministry of agriculture. This ass holes has not given the transfer grant for the people who have resigned after serving fcb for more than three decays with the excuse saying people resigning after transfer are not entitled the transfer grant not realizing that transfer grant is one the packages on resigning. Imagine the ass hole's decision. He should be handling donkeys not human ha ha ha.

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    1. the way fcb ceo has managed the company says all. the amount of frustrations in staff, the mess he has created within office and the the future legal stand off on his part will see him through very dark days soon. good luck karma nidup.

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    2. lets see how court interpret labour law now.if thimphu court verdict is repeated on G4S, fcb ceo is into thick shit.

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    3. The only hope to get straightened is the court. For karma nidup there is no requirement of law and he has his own law and yet there is no one to interpret and intervene including the FCB Board. Everyone is taken for ride, but karma nidup, mark my word you will soon go through very dark days for twisting things and you will be 10000% sure to get penalized if not by court but by Pelden Drukpa Choesum Summa. Saala Bujheou including pumpkin ass hole sangaywangdi and finance manager of fcb.

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    4. there are many things which needs the attention of Board, ACC, RAA and even the Finance Ministry. Labour law is just one part of it. when people have power, they become intoxicated with it and this is what happens. karma nidup is heading a small company of abt 20 people and suddenly when he became ceo of fcb, he found himself next to God. for him law no longer mattered. now lets see what happens. hope tshering will keep his cool and manage this guy ion court well.

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    5. Good work tshering. Now the things seem to be happening. i think some things are moving at least. to hell with potato theif and ladyboy

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    6. even if it takes 20 years, dont leave fcb ceo and his goons. they deserve to go through that mental anguish.

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    7. You dont have to wait for 20 years oye. withion 1 year, u will see some people with kabney in the court. i guarantee 100%

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    8. Good work Tshering. Thats the way to go. It takes immense patience, tolerance, skills, knowledge on law and connection but you have shown that you can handle things. I have become your fan now. You got to keep your cool now. It is working now. At least half the country's MPs now know what FCB CEO is upto. At least ACC, labour secretary, RAA and all know what FCB CEO is done. Now the only thing left is the media. At right time, blow it out and bring that FCB CEO guy on the road.He deserves to be flogged in public like they do in Middle east before he is stripped of his post.

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    9. Great going Tshering. This is how to handle things.

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    10. Great job kota. yesterday i met some people from newspaper and they told me how you have collected all the evidences and how you have presented the evidences to prime minister and agriculture minister. the ceo should be taught a lesson. he is shameless. just wonering how he can go to town after all these things done. very ashamed.

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  21. Did you file the case Tshering???? Its already ripe now. Dont miss your eyes on labour law, fourth degree felony. That would do work for FCB CEO and his goons.

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  22. I hope FCB CEO now knows where he is going??? I thought he was smart guy but looks like he is not because the law is so clear and about the entitlements and he is still holding on to his egos.

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  23. Pema Wangchuk...wow! where did you take the rice after it is received? Jesus, how can you say that it is not accounted for when the things have been received by you.

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  24. If you look at the letter, pema wangchukl has informed FCB ceo about the rice. the recent statement by FCB to court says something else. there is something fishy about it.

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  25. Oh. Jesus Christ. Can't believe that FCB CEO and Pwma Wangchuk were involved in such daring corruption.

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  26. This document is enough to prove that both FCB CEO n Pema wangchuk are involved in the case

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  27. Still waiting for court to pass judgment.

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  28. Good luck Karma Nidup, FCB CEO. See you soon in court n Media. Get ur papers ready.

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  29. your site should be called FCB killer page not Bhutan Literature

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    1. Hahahaha..Rightl

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    2. with u guys as the official, FCB was dead long time back before this site even touched it.

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    3. tshering, did u notice something here....the guy who said this site should be called fcb killer and the one who is saying hahahaha ..right is the same guy. that black ass pumpkin guy i know.

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    4. Yea , I noticed that. I know who that guy is.

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    5. He is like a leech who has been sucking the blood out of FCB and blame me for killing FCB

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  30. This block is indeed the FCB killer as rightly mentioned since the head of FCB will be doomed soon or the other.

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    1. there is no point in killing sick company

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    2. fcb was sold away by sangay wangdi and fcb ceo to rupesh. pema wangchuk sold fcb to balajee. in the middle, jeet was busy uprooting the data from server and dinesh who knows whole story is silent because he needed to fuill pema wangchuk's post.unfortunately neither he has capacity nor luck to fill in the fecd head's post. but in the end, only one thing will come up, fcb is in mess and when it comes in media, fcb ceo will have mno place to hide his handsome face. This was predicted by Bhutan Bajay

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    3. fcb is sold away like JB clothes by sangay wangdi

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    4. sad for FCB CEO to listen to pema wangchuk and sangay wangdi and ugyen chgedup. also sad for IT, quality control and bulk people. the noose is getting tight now, but good for public. all the best tshering and good job for showing evidences to court. this is the way to go.

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    5. Tshering, ur main suspect kamal is back.looks like fcb called him back.

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    6. This was expected to happen. FCB management had written a guarantee letter to police that they will make available the labourers when police needed them. Now that the case is getting firmer, I guess FCB needed to bring back kamal whom they sent for very long vacation.

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    7. to save pema wangchuk and sangay wangdi's ass enna. by the ways, it looks like samir was duped the same way by duping champay, i.e manipulating the compiuter system. i think samir is not able to explain. poor guy.

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    8. in the end, FCB CEo wont have any refuge from labour law. its good that tshering is pursuing case on the basis of labour law.by the ways, i hiope ACC will not leave fcb ceo on pool vbehicle misuse, discretionary fund misuse, manipulation of service rules, theft of public fund, misuse of human resources and of all, killing FCB. FCB CEo may be deluded to in believing that FCB is making profit but actually, the profit in 2012 WAS CON INCIDENTAL due to rupee crisis. Come 2015 and see what fcb makes.Hope HM gets to hear what FCB CEO was upto soon.

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    9. Very smart. Fcb ceo took all officiating boss signature to renew his contract at fcb .. truth is all employees under kinda CEO again ... we jz can't imagine.. plz Tshering do sth before that..

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    10. One thing is that is CEOs or MD of corporate sectors entitle for the security guard in their resident. please comment on it. As i saw some MD or CEO keeps the security guard in their resident where the payment is made by the company.

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    11. I think the court has already passed the verdict on rice. FCB needs to pay for more than what the lower court has asked. Hope tshering will make sure that FCB pays fine to DRC. Please do submit the case to chukha court this time and make sure that FCB pays the fine also. Regards,

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  31. Wai Tshering, nagara hoo, FCB is already having so many internal problems but CEO is covering up everything exposing the nation with many activities which ultimately may be a financial drainage whose reserve was built up by earlier CEOs.

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  32. there goes another criminal activities of pema wangchuk for manipulating amul products business. poor guy, he is got so much to explain but guess what, FCB CEO cannot take any action on pema wangchuk because if he does, pema wangchuk will expose FCB CEO's criminal activities lo.

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    1. pema wangchuk and sangay wangdi together removed singye dukpa from FECD so that they can do such corrupt work. and all this mess is the work of these two people. if fcb lasts for 5 years, they will be very lucky

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  33. What happened this days no news ya... why this three people remove singay dukpa from FCB therew must bee some things to proved what ever done by this three people tay,...

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  34. when you back to Bhutan i will give u proof of corruption in auction yard by sangay wangdi. u can show it to acc n court. pema wangchuk will last only six months in fcb n sangay wangdi shud go to jail for corruption in auction yard so i wait for u come back to bhutan

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  35. everytime i c fcb people, the things written here gets reminded n i feel more ashamed. these people not ashamed for looting n putting someone into problem but no w all people in pling knowd who and what fcb ceo n staff r. so good that it is exposed.

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  36. I didn't know that karma Nidup was this bad but whatever has been written here seems to have some element of truth. Hope it gets sorted out soon. Of course I have heard about Pema wangchuk and sangay wangdi and their dirty business in FCB but karma Nidup I thought was gentleman. Whatever it is, truth will always prevail and in the end, those wrong ones would pack and go. But I admire tshering for having stood up and exposed whatever it is. great job. i hope many people in Bhutan will stand up and bring all those people like karma nidup, pema wangchuk and sangay wangdi to book.

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  37. the thief was on TV recently. very interesting is, ACC chairman was also on TV on the same day.

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    1. the shameless thief and his boss is everywhere

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    2. it is shameful for people like us to read this article. cant believe that a ceo of a company in Bhutan is involved. he should be sacked for moral issues

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  38. He should be resigning on moral ground and look at him how he looks and these days he is busy brain washing elite group and refresher. Nothing is coming up and he continues to haresh employees threatening everytime he has the fear of his weakness being exposed. For god's sake, the concerned Ministry should take the view of we staff before his tenure is renewed further.
    G

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  39. not to worry now because the life of IT people, pema wangchuk and karma nidup is coming to the end with acc going to investigate soon. with gelephu dungpa case finished i think it is time for fcb ceo to follow him. good luck karma nidup. please enjoy all the little free time u have.

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    1. count down for FCB.....90...89....88 days. good luck

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    2. time for pem wangchuk, IT and karma nidup to do some last minute discussion with families.

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  40. 1. Sangay wangdi: Achalal case. What is the issue with Achalal? According to FCB policy, he was empowered to give only 2 million from revolving fund as credit to supplier. By the time FCB management became aware, Sangay Wangdi had already given more than 6 million. Achalal meanwhile died. FCB is trying to recover from achalal's son. Without individual benefit, no one will stake more than 6 million and that also against policy. Why is FCB still keeping Sangay Wangdi. Why is FCB spending money, time n resources by filing court case when it is Sangay Wangdi criminal intention?
    2. Sangay Wangdi was involved in cash embezzlement worth more than 5 lakhs with Tsheten of SJ regonal office. Karma Chindu, Sangay Wangdi and Ugyen Chedup of Gelephu Regional Office manipulated truth and made Phub Gyeltshen pay for shortage. Phub Gyelrshen and Sangay wangdi still dont talk.
    3.Sangay Wangdi was busy sending rice to his construction site in the name of dumping. There is a grey area here. In feb, there was sugar dumping too. Check the mess, it has connection. CEO involved here.
    4. Auction yard canteen guy was removed before contract agreement expired. Sangay Wangdi started canteen in his wife’s sisters name.
    5. He was charged by acc. How did CEO cover him? Whats their personal relationship? what abt other employees. Are they meaningless to be transferred wherever they want without involving HRD division? Sangay Wangdis sister in law was not transfered.
    6. Pema wangchuk: Promoting Sangay Wangdi, Sonam Choden, Ugyen Chedup despite the fact that they all were involved in embezzlement
    case directly or indirectly.
    7. Tashi Penjor case. Study hard. Ugyen Chedup, Pema Wangchu n Sonam choden involved. There is something more abt it but not its unintentional la.

    CEO's two pool landcruiser.Check two note sheets : 1) when the landcruiser was sold during past MD and another, when new land cruiser was bought. Although it was purchased with approval, it shows that the FCB management had misled the Board by writing cock and bull story.

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  41. also check
    1. FCB CEO's salary revision from 50,000 to 60,000 to 70,000
    2. check dinesh's role in deflection of amul products
    3. check sangay wangdi on achalal case
    4. check ceo's role in purchase of furniture without proper quotation calling.it was done on limited bidding and only three people participated. out of that 2 bids were from same person
    5. check pemw angchuk role in balajee's rice case. it is proved by himself in the court that he has recived the rice.
    6. check IT's role computer data base manipulations
    7. check ceo's power to send discretionary fund in his personal account. this will drag SFO also
    8. check SFO abt tashi penjor excess payment

    all these are proven by FCB internal audit team and also by RAA team. This is enough for FCB CEo and team to go to Chamgang.

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    1. dont forget about the auction yard canteen. this year also, sangay wangdi manipulated although it has appeared in RAA report, FCB CEo is still favouring him

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  42. hope ACC works on sangay wangdi. he is the one who masterminded all these problem. and CEO is the one who has been hearing to sangay wangdi. sangay wangdi is involved in many cases in auction yard including achalal case. as of now, why langa is not paid benefits and kept on contract is yet to come out.FCB CEO has been all along cheating the Board of Directors about his salary and benefits.

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  43. Wahoo! Where did you guys got the above internal information. To me most of the information appears so real and justifies for indept investigation as the public resources are dumped to Memey Lakha.

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  44. 1. check all dumping case of rice taken by sangay wangdi and mentioned in audit report
    2. check dumping case taken by CEO and fed his dogs
    3. check misuse of security guards, pool vehicle, etc
    4. also check how sangay wangdi build house in thimphu when there was no loan facilities if he did not steal sugar
    5. check how fcb ceo, pema wangchuk, megraj, dinesh and all got involved in rice case

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  45. yea, sangay wangdi and pema wangchuk should be investigated. once sangay wangdi and pema wangchuk comes out in open, many things will come out. this is where memey lakha will come out

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    1. everyone knows sangay wangdi's quality and of course pema wangchuk and ugyen chedup also. if ceo, ugyen chedup, pema wangchuk and sangay wangdi are removed, then FCB would be great place to work. we need dynamic leaders but not some feminine character like karma nidup

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  46. not much time for IT people, pema wangchuk and CEO to stay in FCB. hoep they have enjoyable stay for few months in FCB

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  47. Tshering, read this clause from www.thebhutanese.bt.

    Accepting payments in breach of law
    Section 69 of the RMA Act forbids the Governor and Deputy Governors from receiving any payments other than from the authority.
    The RAA found that in contravention of this clause the Governor Daw Tenzin had accepted Nu 54, 600 and Deputy Governor Eden Dema had accepted Nu 387,600 as board sitting fees from the Financial Institutions Training Institute (FITI) fund. The FITI fund had been contributed by various financial institutions including RMA to set up an institute to train financial institution employees.

    Inadmissible Position Specific Allowances
    Section 68 of the RMA Act 2010 says that the salary, allowances and other benefits of the Governor and Deputy Governor shall be determined by the government.
    Based on this the government on 2nd June 2011 issued a letter detailing out the remuneration package for the Governor and Deputy Governors.
    However, the RAA in its report said that the Governor and two Deputy Governors were being paid a special Position Specific Allowance which had not been authorized by the government.
    The RAA says that since appointment till 30 June 2014 this amounts to Nu 1.88 mn of which the Governor got a total of Nu 911,068 from August 2010 onwards and the two Deputy Governors got Nu 485,930 each from March 2011 onwards.
    The RAA says that this ‘indiscreet payment’ should be recovered and then discontinued.

    ReplyDelete
  48. FCB CEO's contract has been extended by board and awaiting approval by ministry of finance and cabinet. I think the cabinet and the ministry of finance should know that FCB CEO's case has been taken over by ACC. The finance ministry should know that FCB CEO has been increasing his own salary against the finance ministry's guidelines. lately he increased his salary from77,000 to 85,000. what a thief and the board chooses to endorse thief.

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  49. seems now silent... hope tshering still alive

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  50. Happy to know that RAA is now reviewing FCB CEO's salary structure. All along he has been cheating the government by claiming what is not admissible. After RAA reviews his case, we surely need to look into FCB's inside story of theft, mismanagement, abuse of power. Shameless CEO

    ReplyDelete
    Replies
    1. Since RAA and ACC is now aware of this site, I want ACC and RAA to note the following also:
      1.Not only has he increased his salary by unlawful means, he has also evaded tax by filing for unfurnished house whereas, he has been given fully furnished house.
      2. He has been misusing office security guards to look after his dogs.
      3. He has claimed more than 2 months salary as bonus which is not admissible as per finance ministry.
      4. He has cheated the board by manipulating the service rules so that he can increase his salary.
      5. He is involved in Indian Currency/ Bhutanese currency racket and scandal with his partner sangay wangdi and pema wangchuk. This is was proven from the fact that he authorized making of two import declaration form. There is also evidence from Pema Wangchuk and Jeet's bank transcations that they were involved in IC /BC case. Same is true with Sangay Wangdi. All these were happening with the knowledge of FCB CEO.
      6. FCB CEO is involved in cheating the board to buy new prado. He uses two prado car for his personal duty. This , I think both finance ministry, ACC and RAA are aware.
      7. If ACC and RAA studies Sangay Wangdi's business transactions, everything would be clear. How he has been promoted and on what basis is a mystery till today.
      8. ACC and RAA should also check FCB CEO's discretionary fund power. He is not a politician, dzongda or MP to grant kidu and how Nu. 200,000 went to his pocket should be accounted for.


      He

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  51. A highly level thief driving two prado and claiming loyalty to tsa wa sum enna.

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    Replies
    1. CEO contract is renewed so he is will enjoy for three more years. whether he steal or not, he will be FCB Boss for three years again. so those who are not happy with him can leave job from fcb and join some other work where you like.

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    2. so ur the one who was stealing rice, sugar and oil in the name of FCB CEO enna?

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  52. The question is not being happy or not but might be raising so much issues because he/she is a concerned citizen of this land. Out of the above uncountable issues, there could be some truth otherwise why waste precious time. Therefore, though the extension of FCB so called Boss is approved by Board, the Ministry concerned and Cabinet should check the ground reality. Why most senior people including the one recently joined FCB as Head of Dept is resigning? Something is wrong somewhere.

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  53. Don't ware he will not last three years in FCB , he will live very soon. Chetwnjapo is wetting for him and Mr. Sangay wangdi to asked so many quition about the fcb.

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  54. their got lots many capability CEO.. lets give chance to other whom are waiting not present CEO.. coz we don't want him to ruin FCB.. hope ACC and RAA would make FCB a better place the future

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  55. I think service exood luck extension of the CEO is the last good luck for FCB and also for few people. With ACC and RAA after CEO, I think his good luck charm is now finally getting over. So let him enjoy for few months. After that he will be busy too with kabney and going to court.

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  56. we would be happen to see all chamcha bulls like CEO, Sangay wangdi, kezang dorji(finance) and ugyen choidup to be screw their asssholee

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  57. I hope FCB CEO knows whats happening under his office:
    1. The shortage of 26 lacs concerning champay
    2. Embezzlement by Tsheten worth over 35 lacs
    3. Shortage at Nganglam worth few millions.
    what does this show? This shows the inefficiency of CEO, supervisors and monitors like Pema Wangchuk and Kezang SFO. If these people have checked and supervised properly than maybe all these shorategs would not have come out. This is so shameful FCB CEO and I hope you will be able to explain to Royal Audit and ACC soon.

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  58. Wahoo! Excellent performance of FCB CEO and the team. Hope FCB shall not be bankrupt with such shortages and the amazing part is all these shortages must be shown as income to FCB.

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  59. Poor FCB CEO and Pema Wangchuk. Happy days are now getting over.

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  60. now whats about sangay wangdi n tenzin

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