Sharad Kumar Gauchan the President of Federation of Contractors’ Association of Nepal (FCAN) was shot dead by unidentified group of people in the mid-day at the center of the city Kharibot in Shantinagar on Monday on his way to office at Anamnagar.

He was attacked near his home where his car was first attacked with a brick and 3 rounds were fired at him. After the attack, the attackers flee on a motorcycle.  He was pronounced dead on arrival at the hospital.

According to police, “Gauchan was being threatened and was being demanded money by Ramesh Bahun group who had reportedly asked for donations from Gauchan recently.”

Issuing a statement, the Federation of Nepalese Chambers of Commerce and Industry, Confederation of Nepalese Industries and Nepal Chamber of Commerce has condemn the murder and has hugely criticized the current security situation of Nepal.

Gauchan was elected president of FCAN in 2014. He was also the vice-president of International Federation of Asian and Western Pacific Contractors’ Association