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Nepal’s Only Billionaire Faces Defeat in Parliamentary Elections

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Kathmandu, March 8 (IANS) Nepal’s only billionaire, Binod Chaudhary, a candidate from the Nepali Congress, suffered a humiliating defeat in the country’s parliamentary elections at the hands of Rastriya Swatantra Party candidate Bikram Khanal in the Nawalparasi West-1 constituency.Khanal secured 45,241 votes to win the election, defeating Chaudhary, who received 9,502 votes, according to the Election Commission of Nepal. Chaudhary joins a long list of candidates from traditional political part…