KATHMANDU: District Attorney’s Office, Kathmandu has filed case against 43 people including Ichchha Raj Tamang arrested on fraud charges.

Based on the Central Investigation Bureau (CIB), the attorney’s office registered the case on Friday. Tamang has been demanded eight years’ in prison and fine on the basis of the loss caused by his activity Rs 5.59 billion.

Tamang was arrested by the police on October 4 in a fraud case. Tamang was taken into custody for investigation not only as a debtor but also as he was found guilty of violating the Cooperatives Act. There are six different charges against him.

Tamang, on the other hand, has given a statement to the government prosecutor’s office that he is not responsible for returning the money to the depositors.