Tipped off by a special source, a squad of CIB raided their rented room located at Thahinti-17 in Thamel, Kathmandu, on Tuesday and arrested them. The arrested have been identified as Ma Xiaojun of Hebei, Bao Wei of Hebei, Wu Po of Hebei and Chunkuan Lyu of Zhejiang, China.
Preliminary investigation by the CIB has found that the four Chinese were illegally hiding the amount for allegedly operating illegal business.
“We have handed over the accused to the Department of Money Laundering and Investigation, Harihar Bhawan for further investigation,” CIB spokesman SP Dibesh Lohani said.
Police investigation has shown that the four were frequently visiting Nepal on business and tourist visas for the past few years. According to the police, though the arrested have not been able to show the source of the money seized, they have claimed innocence.
The police also seized Chinese yuan 17,353, UAE dinar 470 and USD 62 from them. Police said the trend of the trend Chinese nationals being arrested in Nepal for illegal possession and smuggling of foreign currencies has been increasing over the past few years.
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