Three more arrested over misuse of funds: Everything you need to know about the widening Bal Mandir scandal
Summary
Three former office-bearers of the Nepal Children’s Organization have been arrested over alleged embezzlement of funds meant for vulnerable children, exposing decades of financial mismanagement and abuse in the charity known as Bal Mandir.
Key Points
- Three former office-bearers of the Nepal Children’s Organization were arrested for alleged misuse of funds meant for orphaned and vulnerable children.
- The 2019 High-Level Inquiry Commission report unearthed financial irregularities related to both land leasing and missing funds from child welfare.
- The Nepal Children’s Organization was accused of undervaluing leasing government land in Kathmandu, generating losses over Rs 603 million.
- Fraud charges have been filed against 17 individuals connected to the land lease scandal, with potential prison terms and fines under Nepal's Penal Code.
