Sesh Ghale announces donation of Rs 1 billion

Chairman of the Non-Resident Nepali Association (NRNA) Sesh Ghale has announced one billion rupees in charity for the health and education sectors.

The amount is considered to be the largest ever contributed to charity by Ghale and his wife Jamuna Gurung.

Organizing a press meet in the capital on Thursday, Ghale, who is chief executive officer (CEO) of the Melbourne Institute of Technology (MIT) group, and his wife informed that the amount will be spent through the MIT Foundation, a trust they have established in Nepal.

“The amount will be used to provide scholarships to poor but intelligent students in the remote VDCs,” informed Ghale. He said the funds will also be used to build up libraries at schools in remote districts; arrange for teaching materials, and provide training for teachers.

Likewise, the funds will be used to provide basic health care to the poor and needy.

“I cannot express my happiness at being able to start this campaign,” said Ghale adding,”We are glad to return to society what we got from it.”

Ghale has started the construction of a luxury hotel at Kesharmahal, Kathmandu with an investment of Rs 8 billion. This is probably the largest ever instance of foreign direct investment in the country. The 17-storey hotel named the Kathmandu Sheraton will come into operation from 2018.

After he assumed the post of NRNA chairman, ghale has taken initiative to bring in foreign investment as well as to set up another Five star hotel with NRN investment.

Last October, Ghale provided Rs 5 million to construct a new building for Gramkalyan Lower Secondary School at Ghanpohara, Lamjung, where he studied till gradeV. Earlier, Ghale donated Rs 500,000 to Shubhakamana Secondary School at Taudaha in Kathmandu district.

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