Man held with Rs 42.5 million and 9 kg gold to be sent to DRI
Summary
A man in Kathmandu was arrested with Rs 42.5 million in cash and 9.8 kg of gold, suspected of illegal money lending, and will be handed over to the Department of Revenue Investigation for further probe.
Key Points
- A man named Binod Kumar Shrestha was arrested with Rs 42.5 million and 9.8 kilograms of gold.
- The police raided Shrestha's house in Gongabu following a tip-off about illegal funds.
- Authorities suspect Shrestha of operating as an illegal moneylender using gold as collateral.
- The confiscated assets and the accused will be handed over to the Department of Revenue Investigation for further investigation.
