KATHMANDU, Dec 26: A fugitive wanted in connection to the 61 kg gold smuggling case is also implicated in a cooperative fraud involving Rs 12 million. The individual, identified as 38-year-old Jiban Chalaune from Bardiya Geruwa, is accused of embezzling funds while serving as the chairman of the Unified Saving and Credit Cooperative in Thamel, Kathmandu.
A case has been filed against Chalaune and 10 others, including the cooperative's vice-chairman, Joginder Agrawal, and treasurer, Tek Prasad Timilsina, in the District Court of Kathmandu. The complaint was lodged by 12 savers who complained they were swindled out of their money.
Two inspectors involved in gold smuggling investigation recalle...
All the accused are currently absconding, and a diffusion notice has been issued for their arrest. The charge sheet claims that the total financial loss caused by the fraud amounts to Rs 12.55 million.
