Anti-Corruption Commission (ACC) implicated the former DDC secretary and seven Royal Insurance Corporation of Bhutan Ltd (RICBL) officials for fraud and collusion in a false insurance claim worth Nu 226,546, according to the ACC investigation report.
The commission forwarded its findings and draft charges to the Office of the Attorney General (OAG), which is yet to review the reports.
ACC alleged that Dasho Sherub Gyeltshen in collusion with RICBL staff processed false claim of Nu 226,546 by fabricating bill and document, submitting false accident intimation letter and underwriting insurance policy without following the due process.
ACC framed two accounts of charges against the former secretary.
ACC alleged that Dasho Sherub Gyeltshen in collusion with the executive director knowingly purchased a comprehensive insurance policy for his Toyota Prado on June 4, 2016, to avail false insurance claim.
ACC alleged the former secretary knowingly provided false accident intimidation letter on July 19, 2016, to RICBL to process the false insurance.
On July 21, Dasho Sherub Gyeltshen wrote to RICBL that his vehicle met with an accident on July 19 at around 10.50pm at Lamperi and took it Kuenga workshop for repairs. He stated that he was unaware that police had to be informed.
ACC claimed its investigation he had not taken his vehicle to Kuenga Workshop. ACC investigation report stated that the vehicle was repaired at the STCBL workshop at Olakha.
It also stated that the RICBL executive director (ED) allegedly instructed the underwriter to issue a comprehensive insurance for the vehicle without requiring the underwriter to physically inspect it.
Base on the instruction, insurance department staff processed the claim by adjusting claim amount through fabricated bills and forgoing requirements and procedures laid down in the Claims Manual 2011.
The investigation, ACC claimed, established that the insurance claim of Nu 226,546 was processed by RICBL staff and claimant in collusion by fabricating bill and document, submitting false accident intimation letter and underwriting insurance policy without following the due process.
The executive director allegedly helped convert the insurance cover of the vehicle from the third party to comprehensive entitling the former secretary to more claims.
The executive director was suspended in July last year while the ACC during the investigation suspected fraud and collusion surrounding the investment of RICBL fund in Nubri Capital Private Ltd, directed the insurance company’s board of directors to suspend him with immediate effect.
Dasho Sherub Gyeltshen said that he has no comment.
The executive director Sonam Dorji said that he had received ACC’s letter stating that the cases have been forwarded to OAG. “However, we have no access to the report and therefore are not aware of the charges,” he said.