KATHMANDU, Sept 11: The government declared the Civil Savings and Credit Cooperative problematic more than two years after the cooperative failed to return the money of its depositors.

KATHMANDU, Oct 15: The Special Court on Friday issued an order to send Ichchha Raj Tamang to prison on charge of money laundering.

KATHMANDU, Nov 23: The Employees Provident Fund (EPF) has asked Ichchha Raj Tamang to clear all the outstanding dues on time or face the liquidation of his fixed assets in Sundhara, Kathmandu that have been considered for the collateral.

KATHMANDU, August 7: The Central Investigation Bureau (CIB) of Nepal Police is carrying out an investigation into the alleged misappropriation of the depositors’ money by Ichchha Raj Tamang, chairman of the Civil Group, who has been accused of embezzling more than Rs 8 billion through Civil Savings and Credit Cooperative.