KATHMANDU, Sept 2: The Department of Money Laundering Investigation has registered a case at the Special Court against the family of Ichchha Raj Tamang, the founder of Civil Savings and Credit Cooperative Society Limited.
Recovery of Rs 5.67 billion in compensation and 8 years jail te...
On Thursday, the department filed a case against Tamang's family with a claim of more than Rs 4.43 billion in compensation. According to the charge sheet, the defendants Ichchha Raj and Keshavalal Shrestha had made a partnership between their family members to hide the source of the wealth, and the department has confirmed the fact that the transactions were carried out under the names of Srijana Shakya Tamang, Pratishtha Tamang, Pratikchya Tamang and Meena Kumari Shrestha and the crime of money laundering was confirmed by concealing the wealth.
A case has been filed against the cooperative operator Tamang regarding illegal assets and fraud worth more than Rs 3.31 billion. A case has been filed with the same amount of money claimed for illegal acquisition of Rs 3.318 billion. A claim of Rs 1.30 billion has been made against his wife Srijana Shakya, Rs 62.2 million against daughter Pratikchya and Rs 1.89 million against Pratistha. The total amount claimed from the Tamang family members is Rs 4.43 billion.
