Isn't this case weird....whacko!!!!!!!? the management of FCB is clueless about how the shortage in FCB auction yard happened? Over the past three years, the manipulations, shortages and embezzlement in FCB has crossed over 2 crores and FCB is clueless about how the shortages happened. There is a huge case of manipulations, embezzlement and court cases going on and the Board of Directors continue to believe in the lies of the FCB CEO. I am wondering what the FCB management ...has been doing all these years in the first place and what our government is doing by keeping an incompetent CEO to manage FCB even after so much shortages have been revealed. Sometimes, we are given to believe that there is personal interest in Board of Directors or political interest in our Government for keeping corrupt people still in power. Is Bhutan so short of competent people that we cannot find one decent CEO to run a company efficiently? Or is it still all about push there and pull here, buttering up and itchy palm down there?
It is such a shame that the management does not even know how a simple business transactions are recorded. It also shows that the supervisors, managers and management are there for the sake of being there. If they are clueless about what is happening in FCB right now right under their nose, they may also be clueless about how they manipulated the documents, evidences and FCB stock inventory system in 2013. They may also be clueless about how they shamelessly lied to Board and how the management kept jacking his salary and allowances every few months. The management may also be clueless about stealing money from discretionary fund and keeping security guard to cook food for him for three years at the expense of FCB. The management may also be clueless about how profit is inflated in the final accounts of FCB.The list is endless. Given the quality of people in FCB right now, It is inevitable that FCB has become sore throat and hopefully the Board of Directors and the Government is reading through. Until the whole people in FCB is overhauled( including the ones on deputation and whole system) and the stock inventory are cleaned properly, we are feeding the demons with our own flesh daily. It is such a shame that a 41 year old company should be ruined by a management who does not even know how to keep proper transaction of daily business.