KATHMANDU, Feb 6: The Chitwan District Court has ordered the release of Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane on bail of Rs 5.4 million in the Chitwan-based Sahara Cooperative fraud case. The statement recording and pre-trial detention hearing of the case had been ongoing since Wednesday.
After a detention hearing in connection with the cooperative fund misappropriation case, a bench of Judge Daya Ram Dhakal ordered his release on a bail of Rs 5.4 million.
Rupandehi District Court orders release of Lamichhane on Rs 10...
Lamichhane appeared in court on Wednesday to give a statement in the cooperative fraud case. The court handed him over to the police on Wednesday after his detention hearing was not concluded. Although cases of organized crime have been registered against Lamichhane in Kaski, Kathmandu and Rupandehi, only a case of fraud was filed against him at the Chitwan District Court.
On February 4, the District Government Attorney’s Office (DGAO) in Chitwan has registered a case against Lamichhane, 15 other individuals, and six organizations on charges of embezzling funds from the cooperative and defrauding them. Based on the investigation report of the District Police Office, Chitwan, a total of Rs 389.79 million have been embezzled from Sahara Cooperative.
