Thursday, April 30th, 2026

Investigation reveals Rs 630 million loan to companies linked to GB Rai and Minister Rabi Lamichhane



KATHMANDU: A parliamentary probe panel investigating a cooperative fraud case has discovered that the company linked to GB Rai and current Home Minister Rabi Lamichhane received Rs 630 million in loans from the Pokhara-based Supreme Cooperative.

Surya Thapa, the coordinator of the probe committee, confirmed the information.

According to Thapa, Gorkha Media, where Home Minister Lamichhane was once involved, received Rs 109.9 million.

On Friday, the committee held discussions with Eknarayan Aryal, Secretary at the Ministry of Home Affairs, Inspector General of Police Basanta Bahadur Kuwar, Chief of the Central Investigation Bureau Shyam Lal Gyawali, and Chief of the Department of Crime Investigation Tek Bahadur Tamang as part of the investigation.

During the meeting, police officials reported that 55,410 people have filed fraud complaints against 503 cooperatives.

Of these, police have completed investigations into 98 complaints, and cases have been filed in court.

Most complaints, over 40,000, were registered in Kathmandu. Of the 1,150 defendants, police have arrested 294, while 856 are still at large.

Publish Date : 05 July 2024 16:14 PM

International Jazz Day being observed today

KATHMANDU: International Jazz Day is being observed in various countries

Goods clearance and revenue collection affected at customs points

BIRGUNJ: Revenue collection at several customs offices, including the Birgunj

Economic Digest: Nepal ‘s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of

US envoy Sergio Gor arriving in Kathmandu today

KATHMANDU: US President Donald Trump’s special envoy for South and

NRB issues foreign currency exchange rates for today

KATHMANDU: Nepal Rastra Bank (NRB) has set the foreign exchange