KATHMANDU: A man who had cheated customers after establishing financial cooperatives in Chabahil, Kathmandu has been sentenced to jail.
A resident of Kathmandu metropolis-7, Roshan Shrestha was sentenced by High Court Patan to two years in jail, along with a fine of Rs. 846,000.
He was sent to jail today, according to the Central Investigation Bureau of Nepal Police. The verdict had been announced three years ago but Shrestha was at large.
Shrestha and his accomplices had set up the Shine Savings and Credit Cooperatives Limited in Chabahil and shut it down after collecting Rs. 3.3 million from the depositors.
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