The cabinet meeting held on Thursday morning decided to form a committee under former Auditor General Tanka Mani Sharma.
The committee will also have Law Secretary Fanindra Gautam, Joint Secretary of the Ministry of Finance Ritesh Kumar Shakya, Joint Secretary at the Ministry of Communications and Information Technology Babu Ram Bhandari and President of ICAN Sujan Kumar Kafle.
The probe committee will investigate sale of telecommunication service provider company Ncell from Axiata Group Berhard to Spectrlite UK on Friday December 1 at USD 50 million.
The government has given a period of 30 days to submit its report.
