Billionaire Chaudhary included in Nepali Congress PR category list

KATHMANDU, Oct 30: Nepal’s billionaire Binod Chaudhary has been included in the closed list of Nepali Congress’s proportional representation candidates, confirmed Nepali Congress Central Working Committee member Narayan Khadka.

Chaudhary, who was valued by Forbes at a billion dollars in 2013, was elected a member of the first Constitution Assembly under proportional representation category by CPN-UML in 2008.

Chaudhary has been nominated as the number one candidate under PR category from the Madhesi quota, according to sources.

A source close to party said that NC agreed to include Chaudhary in closed list after he assured the party of assisting financially for the upcoming elections.

The business tycoon is current chairman of Chaudhary Group (CG), a conglomerate consisting of nearly 80 companies.