Rabi Lamichhane sent to judicial custody

Chitwan- An order has been issued to send Rastriya Swatantra Party President Rabi Lamichhane, who is accused of fraud in the Sahara Multipurpose Cooperative, to judicial custody.

The bench of District Judge Dayaram Dhakal has handed Lamichhane over to security personnel and sent him to the District Police Office as the hearing was not completed.

After the final hearing, an order will be issued either to send Lamichhane to custody, release him on bail, or release him on a regular date.

District Attorney Rabi Neupane and Assistant Attorney Buddha Bahadur Thapa will argue on behalf of the government. On the other hand, 10 legal practitioners will argue on behalf of the defendant in the case.

A case was registered against Lamichhane and 15 others, including Ram Bahadur Khanal, Rabina Rimal, Bishal Tamang, Navin Achhami, Kabita Tamang, Deepak Lama, Asraf Ali Siddiqui, Bhagwati Bamjan, Laxmi Prasad Poudel, Vigyan Rai, Netrapani Bastola, Shiv Bahadur Gurung and Pragati Shrestha, on charges of embezzling funds from Sahara Multipurpose Cooperative.

Earlier, Lamichhane has been released on bail by the Kaski, Rupandehi and Kathmandu District Courts in the case of embezzlement of the cooperative’s funds.

Rabi Lamichhane at Parliament Secretariat, demanding lifting of suspension

Kathmandu – President of the Rastriya swatantra party Rabi Lamichhane has reached the Parliament Secretariat with a petition to lift his suspension from the post of MP.

Lamichhane is expected to meet Speaker Devraj Ghimire and request his suspension lifting, claiming that the suspension is illegal and against the rules of the House of Representatives.

The Parliament Secretariat suspended Lamichhane from his post as MP on Poush 8 after a case of money laundering was registered along with cooperative fraud.

RSP has already decided to protest the suspension of his post as MP in the House of Representatives meeting to be held today, saying that it was politically motivated.

Rabi Lamichhane released on bail of Rs 10 million

Rupandehi — Rastriya Swatantra Party President Rabi Lamichhane has been released on bail of Rs 10 million in the cooperative fraud, organized crime and money laundering case at the Rupandehi District Court.

After the arguments of the defense lawyer, the counter arguments of the public prosecutor and the government lawyer on Sunday, Rupandehi District Court Judge Pralhad Kumar Yogi ordered the bail of Rs 10 million.

The District Government Attorney’s Office had registered a case against 22 people, including Lamichhane, in the Rupandehi District Court on Magh 22 for Supreme cooperative fraud and organized crime.

Lamichhane, who was arrested in connection with the investigation into the Surya Darshan Cooperative fraud case in Pokhara, was released on bail of Rs 6.5 million by the Kaski District Court on and on bail of Rs 6 million by the Kathmandu District Court in the Swarna Lakshmi Cooperative fraud case .

Rabi Lamichhane been released

Kaski- Rabi Lamichhane, president of the Rastriya swatantra Party and former managing director of Gorkha Media Network Pvt. Ltd., who was arrested in the Suryadarshan cooperative fraud case, has been released. He was released on Thursday evening after posting a bail of 6.5 million after the order of the District Court, Kaski.

After the detention hearing, the bench of Judge Nitij Rai had sought bail from Lamichhane. Lamichhane, who was arrested on cooperative fraud case was released after 84 days.

Even though the kaski court released him on bail, the Kathmandu District Court has already issued an arrest warrant against him.

An arrest warrant has been issued against Lamichhane in the case of embezzlement of billions of rupees from savers from the Swarnalakshmi cooperative operating in Kathmandu Metropolitan City-14. According to police sources, Lamichhane has been released as he will appear in Kathmandu District Court in person.

Rabi Lamichhane ordered to be released on bail of Rs 6.5 million

Pokhara – The District Court, Kaski, has ordered the release of Rastriya Swatantra Party (RSWP) President and former Deputy Prime Minister and Home Minister Rabi Lamichhane on bail of Rs 6.5 million in the case of embezzlement of savings of Pokhara’s Surya Darshan Cooperative.

The bench of Kaski District Court Judge Nitij Rai ordered the release of Lamichhane on bail.

The District Public Prosecutor’s Office had filed a case against 44 people, including Lamichhane on charges of embezzlement of cooperative funds. Lamichhane is also facing charges of cooperative fraud, organized crime and money laundering.

The Public Prosecutor’s Office has so far filed cases against 63 people in the District Court, Kaski, in the Surya Darshan Cooperative fraud case. The District Public Prosecutor’s Office has stated that cases have also been filed against 19 people, including Lamichhane, for organized crime.

Kaski Police had advised the District Attorney’s Office, Kaski, to recover Rs 1.5 billion from 51 people, including Lamichhane, and to prosecute them for cooperative fraud, organized crime, and money laundering. In the case of Lamichhane, the police investigation report recommends 4 to 6 years in prison for cooperative fraud, an additional 50 percent punishment for organized crime, and 2 to 15 years in prison for money laundering, and a fine of double the amount. A charge sheet has been filed against Lamichhane, demanding a collective amount of Rs 16.265 million under cooperative fraud, an individual amount of Rs 17.5 million, and a total of Rs 278.944 million in money laundering.

Diffusion notice issued against GB Rai in cooperative fraud case

Kathmandu – A diffusion notice has been issued requesting Interpol’s help in arresting GB Rai, who has been charged of co-operative fraud.

District Police Office Kaski had earlier requested the Police Head Office to issue a diffusion notice in the case of fraud in Suryadarshan Cooperative. In response, Central Police Spokesperson DIG Bhim Prasad Dhakal informed that Interpol’s National Central Bureau Kathmandu has requested the Secretary General of Interpol to issue the notice.

The Kaski District Court earlier ordered the arrest of treasurer Kumar Ramtel on charges of misappropriation of depositors’ money. In the same incident, Vice President Kailash Kumar Darlami, member Shiv Bahadur Gurung and Bhagishwar Aryal were also arrested and are currently being detained and investigated, according to the Kaski Police.

An arrest warrant has been issued against 19 people including JB Rai in the Suryadarshan Cooperative fraud case. 15 of them are absconding now.

In the complaint, it is alleged that the employees of Suryadarshan embezzled 1.12 billion rupees from the depositors. Under the Cooperative Act, they can be jailed for 8 to 10 years and fined.

According to the police report, the GB Rai group embezzled the funds of Suryadarshan by creating fake shareholders and various companies. The police have concluded that the directors and officials of the cooperative opened fake share member accounts and misappropriated the funds without placing the assets in the name of the cooperative or individuals.