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Chinese jailed for money laundering

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KATHMANDU, Dec 4: The Special Court on Tuesday convicted Chinese national Liu Xue Lin of money laundering and slapped a one year jail sentence along with a fine of Rs 2.12 million.



The court said Liu was in possession of Rs 2.12 million acquired from unknown sources.[break]



The Special Court also ordered the District Court Kathmandu to seize Rs 2.12 million and a Japanese car, which was found with Liu by the Department of Anti-money Laundering.



The Department of Anti-money Laundering had filed case against Liu on February 9. Liu had been engaged in fish and vegetable cultivation on a leased land belonging to Nepal Food Corporation.



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