header banner

Gangster Basnet released on bail

alt=
By No Author
KATHMANDU, July 9: The adage that ´the law is for the lawless´ holds true if the unfolding saga of gangster Parshuram Basnet aka Krishna Basnet is anything to go by.

The Special Court has on Tuesday released Basnet, also a central committee member of the UML´s youth wing, Youth Association of Nepal, after he submitted a land equivalent to a bail amount of Rs 20 million. [break]



According to the Special Court Registrar Dhir Bahadur Chand, Basnet submitted a plot of 8 Ropani and 4 Aana land of Bhaktapur. The plot of land is in names of Jeet Bahadur Lama and Jeet Bahadur Chhetri, said Chand.



Basnet who was brought to the court around 2:30 pm walked free later in the afternoon, though he will have to reappear before the court on August 1.

On June 10, the Special Court had sent Basnet to the Central Jail, Sundhara, after he failed to submit the bail amount.

Earlier, Basnet had urged the court to accept land in Biratnagar equivalent to the bail amount , but the Special Court had ordered him sent to jail until the due process was completed.



Basnet is accused of illegally acquiring Rs 116.1 million through extortion and illegal contracts and banking transactions, among other illegal activities.

The Special Court had ordered the release of Basnet´s wife, Anju Singh Basnet, against a court reappearance date as it did not find her involvement in the illegal activities of her husband.



The Special Court had, on May 21, asked the district courts concerned to summon Basnet, Ganesh Lama, Dipak Manange aka Rajib Gurung, Chakre Milan aka Milan Gurung and Abhishek Giri within 15 days. They were charge-sheeted for amassing illegal property.

On May 19, the Department of Money Laundering Investigation (DoMLI) had filed cases against them at the Special Court, charging them with amassing property worth Rs 633 million through extortion and illegal contracts and banking transactions, among other illegal activities.



Related story

Gangster Samirman Singh Basnet transferred to Mustang prison

Related Stories
SOCIETY

Gangster Chakre Milan arrested

Gangster Chakre Milan arrested
SOCIETY

TikToker Rama Basnet released on Rs 30,000 bail

dAMWVnh8VVvae7uA8zbSfSvyl8GvtN8btw2znznV.jpg
SOCIETY

Five  KIIT assaulters released on bail

Yg4og8i9lg5PFgdXP0YNxDtFIKT3zSCoQwAaYHRa.jpg
SOCIETY

Bhutanese refugee leader Teknath Rijal to be relea...

TekNathRijal_20230518190816.jpg
SOCIETY

Lalita Niwas land-grab scam: Min Bahadur Gurung of...

KDClalitaniwas_20230910165848.jpg