One arrested for alleged hundi transactions worth over Rs 1 billion
Summary
Police have arrested Jyoti Shahi of Dharan on आरोप of hundi transactions worth more than Rs 1.04 billion. Investigators say 52 bank accounts opened under Shahi Money Transfer were used to move money earned abroad by unrelated individuals.
Key Points
- The Central Investigation Bureau of Nepal Police arrested Jyoti Shahi of Dharan Sub-metropolitan City-13 in connection with alleged hundi transactions.
- Investigators say Shahi opened 52 bank accounts under the name Shahi Money Transfer at multiple banks.
- The accounts were allegedly used to informally transfer nearly Rs 1.04 billion earned abroad by unrelated individuals.
- The CIB secured an arrest warrant from Sunsari District Court and is continuing its investigation.
