Chinese national arrested for retail trade under IT cover
Summary
A Chinese national has been arrested in Biratnagar for allegedly running an unauthorised retail business under the cover of an IT investment visa. Authorities say the operation evaded taxes, used a dummy Nepali partner, and may have involved illegal money transfers.
Key Points
- Jingxian Xie was arrested in Biratnagar for allegedly operating a retail outlet in violation of Nepali law and his business visa terms.
- Police say the group used Tong IT Group Pvt. Ltd. as a cover to import goods from China and run Yono Mart without issuing bills or tax invoices.
- Authorities sealed the mart after complaints of tax evasion and alleged illegal control by Chinese nationals through a Nepali dummy partner.
- Further investigation may involve immigration, tax, and money laundering authorities over alleged violations and suspected hundi transactions.
