KATHMANDU: The Central Investigation Bureau (CIB) of Nepal Police has arrested 21 individuals from 11 different districts for conducting illegal financial transactions, obstructing the formal flow of remittances into the country.
According to CIB spokesperson Sudhir Raj Shahi, the suspects were operating under various aliases, carrying out unauthorized money transfers at a time when internal remittance channels were disrupted. The group is accused of conducting illegal transactions amounting to over Rs 17.86 billion.
The CIB found that the illegal funds were being deposited into various bank accounts under the guise of digital wallet transactions, bypassing formal banking and remittance channels.
Among those arrested are Birendra Prasad Sah, Dipendra Prasad Sah, Shravan Kumar Sah, Tara Lal Yadav, Hareram Mahato, Niroj Kumar Mahato, Alita Devi Mahato, Prakash Singh, Arun Kumar Sah, Pradeep Kumar Sah, Sanjiv Kumar Mahato, Raj Kamal Lonia, Bhim Kumari Gurung, Ram Vilas Sah Teli, Mamta Kumari Sah, Bikarn Jung Rana, Ganapati Pandey, Salma Khatun, Sushila Kumari Sahu, Govinda Prasad Acharya, and Shambhu Mehta.
Spokesperson Shahi confirmed that further legal action will be pursued against the individuals for violating the Nepal Rastra Bank Act and other applicable laws.
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