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Cooperative Fraud Conviction: Why Were Ichharaj Sentenced to Prison While GB and Chhavi Were Exempted?

The Special Court has convicted Constituent Assembly member Ichharaj Tamang of cooperative fraud and money laundering, sentencing him to three years in prison along with a fine of NPR 331 crore. Meanwhile, the District Court of Kaski has approved the decision to withdraw charges related to money laundering and organized crime against Ravi Lamichhane, GB Rai, and Chhavi Joshi.

A case was filed against GB Rai’s group for misappropriating over NPR 2.1 billion from public savings, with reports stating that the accused are absconding, although some members remain in custody. Kathmandu, 22 May 2024 — On 21 January 2024, the Special Court found Constituent Assembly member and then-chairman of Civil Cooperative, Ichharaj Tamang, guilty of cooperative fraud and money laundering.

The three-member bench of the Special Court, headed by then-chairperson Teknarayan Kunwar and members Tejnarayan Singh Rai and Muraribabu Shrestha, found Ichharaj and two others guilty of money laundering. The court sentenced Ichharaj to three years imprisonment, imposed a fine and bail amounting to NPR 331 crore, and ordered the confiscation of assets held in his and his family’s names. He is currently in custody on charges of cooperative fraud and money laundering.

Similarly, Kedar Nath Sharma, former chairman of Shivshikhar Cooperative, is facing charges in court for cooperative fraud and laundering assets worth NPR 3.3 billion. Sharma had previously been sentenced to six years in prison for cooperative fraud; after fleeing, he was rearrested and is now in custody. The Money Laundering Investigation Department has filed charges seeking a fine amounting to NPR 268.5 crore, bail to the same value, and a 10-year prison sentence.

These are just some of the major cases. It is common for primary perpetrators in cooperative fraud to also face charges of money laundering and organized crime. However, the election government, following a selective process, ordered the withdrawal of money laundering and organized crime charges against notable figures implicated in cooperative fraud such as GB Rai, Ravi Lamichhane, and Chhavi Joshi. The District Court has also endorsed this decision.

Four Girls Drown to Death in Mahottari

May 22, Jaleshwar (Mahottari) – Four young girls have tragically died by drowning in Mahottari district. According to the District Police Office, three girls drowned in the river at Manraasiswa Municipality-7, Sarpallo village, while another girl drowned in Goshala Municipality-4, Rajkhor village on Friday.

The deceased girls from Sarpallo village include 12-year-old Snehakumari and 6-year-old Shivanikumari, daughters of Birendra Bhandari, along with 12-year-old Afsana Khatun, daughter of Ajiz Nadaf. The three girls had gone to bathe at the confluence of the Ankushi and Jangha rivers today afternoon. They slipped and drowned while bathing.

In a separate incident, two-year-old Deepika Kumari, daughter of Naresh Mahto from Rajkhor village in Goshala-4, drowned in stagnant water near her home in a field.

The bodies of all four girls have been sent to the Provincial Hospital in Jaleshwar for post-mortem examination. –National News Agency

Cockroach Janata Party Calls for Protest in Bengaluru; Police Warn Against Gathering

May 21, Kathmandu – The Bengaluru city police in India have appealed to the public on Sunday to avoid gathering in the Town Hall area. This warning comes amidst circulating calls on social media for a program organized under the name of the Cockroach Janata Party at Town Hall.

The Cockroach Janata Party has announced plans to hold a ‘Peaceful Human Chain’ at Town Hall on Sunday on behalf of Karnataka. However, the city police stated that no official permission has been granted for this event.

Furthermore, the police claimed that no authorization was obtained from the Greater Bengaluru Authority either. Citing an order from the Karnataka High Court, the police noted, “No type of protest or program is allowed within the city limits. A free park (Freedom Park) has been made available for all kinds of demonstrations.”

Authorities have cautioned that activities involving gathering or protesting near Town Hall would violate the court order. The police advised, “We urge the public not to knowingly or unknowingly share or circulate such messages on social media platforms like Facebook, WhatsApp, Instagram, or Twitter, and to avoid approaching the Town Hall area.”

Nepal Falls to India 3-2 in Competitive Match at CAVA Women’s Volleyball Championship

News Summary

Prepared after editorial review.

  • On the opening day of the CAVA Women’s Volleyball Championship, Nepal was defeated by India in a closely contested match that ended 3-2 in sets.
  • Nepal secured the first and fourth sets, but India claimed the second, third, and decisive fifth sets.
  • India clinched the final set 15-9, winning the match 3-2 and earned 2 points in the standings.

May 22, Kathmandu — In a competitive match held on the first day of the CAVA Women’s Volleyball Championship, Nepal narrowly lost to India with a 3-2 set score.

The Group A match took place at the Dasarath Rangasala Covered Hall in Tripureshwor. Nepal began strongly by winning the opening set, but India gained momentum by securing the next two sets.

Nepal fought back in the fourth set to force a decisive fifth set. However, India claimed the final set and match 3-2, with a final scoreline of 21-25, 25-20, 25-19, 21-25, 15-9.

Nepal had an early advantage on home ground, winning the first set 25-21, but was unable to maintain that momentum.

Despite India initially leading in the opening set, Nepal, energized by local supporters, leveled at 13-13 and then took the lead to secure the set.

In the second set, India bounced back with a 25-20 win to equalize the match 1-1. Although Nepal started strong, India consistently accumulated points, taking the lead early. Nepal managed to tie at 10-10 but couldn’t sustain the momentum thereafter.

Nepal showed particular weaknesses in reception and defense during the second set. India continued their dominance by winning the third set 25-19, gaining a two-set lead as Nepal underperformed in that set.

In the fourth set, Nepal regained composure and built early leads at 5-2, 9-5, 12-8, and 15-12. India leveled the score at 16-16, but Nepal responded with a three-point streak to go up 19-16.

Although India called a timeout and added one more point, Nepal further extended their lead to 22-17, eventually taking the set 25-21 and pushing the match to a fifth set.

The decisive final set was closely contested with scores tied at 5-5, but Nepal could not sustain the challenge, and India sealed the set and match with a 15-9 win.

Following this result, India earned 2 points in the standings while Nepal secured 1 point.

Photos: Bibek Shrestha

नारायणगोपाल चोक टु चप्पल कारखाना (फोटो/भिडियो) – Online Khabar

Widened Road from Narayngopal Chowk to Chappal Factory Now Open (Photos/Videos)

News Summary

  • The third section of the ring road expansion, spanning 700 meters, has been completed and opened to traffic.
  • The contract for this third section was awarded in Falgun 2081 BS, featuring an 8-lane road with a government investment of 240 million NPR.
  • The government has plans to further widen the road from the chappal factory to the Gopikrishna Bridge, with preparations underway for the second section.

7th Jestha, Kathmandu – The third section of the ring road expansion project has been completed, and vehicles have started running on the newly widened road.

The expansion stretches about 700 meters from Narayngopal Chowk to the Chappal Factory. The contract for this section was awarded in Falgun 2081 BS, and it has been widened to an 8-lane carriageway.

This project, costing approximately NPR 24 crores, is funded by the Nepalese government. Additionally, the government is planning to widen the road further from the Chappal Factory to Gopikrishna Bridge under the same funding source.

The entire ring road measures 27 kilometers in length and is being expanded in multiple phases.

The first section, covering 11 kilometers from Koteshwor to Kalanki, was completed in 2075 BS.

The second section from Kalanki to Basundhara is planned to be constructed with assistance from the Chinese government; however, work on that section is currently in the preparatory stage.

Investment in Information Technology and Expansion of Digital Infrastructure Top Priority: Communications Minister

Dr. Vikram Timilsina, Minister of Information and Communications, stated that the government prioritizes investment in expanding 4G services, building digital infrastructure, strengthening data centers, and enhancing cybersecurity. He informed that in the upcoming fiscal year, plans are in place to accelerate network expansion, infrastructure reinforcement, and improvement of service quality.

Minister Timilsina mentioned that the process of creating regulations to bring Over-The-Top (OTT) services under legal oversight is underway, and efforts are ongoing to address challenges in the journalism sector through the Media Council Bill. He emphasized that ending the digital divide is a top priority, with immediate, medium-term, and long-term plans being advanced to achieve this goal.

He revealed that the government has a clear action plan to expand 4G coverage further, establish new sites, and develop necessary infrastructure within a year to provide services even in remote areas. So far, 4G LTE service has been extended to 750 local units across the country, and 2G services have already been expanded to all 753 local units.

Minister Timilsina also provided updates on efforts toward modernizing postal services. Initiatives such as establishing smart post offices, expanding government courier and parcel services, and developing a digital postal system have been launched and are progressing.

Supreme Court Orders Completion of Investigation into Durga Prasai by Monday

8 Jestha, Kathmandu – The Supreme Court has directed that the investigation into medical professional Durga Prasai be completed by the extended deadline for the second time. The directive came from a bench comprising Justices Binod Sharma and Nityananda Pandey during the hearing of a writ petition filed on behalf of Prasai against his preventive detention at the Supreme Court. The Parsa District Police Office had extended the investigation period by four days yesterday (Thursday).

According to a spokesperson from the Parsa police, the second extension will expire on Monday. Within this timeframe, the authorities have been ordered to finalize the investigation and decide whether to proceed with the case or not. If necessary, the court also instructed that bail may be granted. Prasai was arrested by police in Parsa and remains in custody at the Parsa Police Station.

Ravi Lamichhane: What Relief Does the RSWP Chairman Gain as the Money Laundering Case Is Withdrawn?

On Friday, the Kaski District Court issued an order to drop the charges of money laundering and organized crime against Ravi Lamichhane, chairman of the ruling Rastriya Swatantra Party (RSWP), in the Surya Darshan Saving and Credit Cooperative fraud case. According to court registrar Rajan Khanal, only the charges related to cooperative fraud will remain against him and other defendants. “All charges concerning money laundering and organized crime for the defendants have been amended,” he stated.

Accordingly, the charges against co-defendants GB Rai and Shyamlal Joshi have also been amended. The money laundering case against Ravi Lamichhane was registered solely in the Kaski District Court, while organized crime cases are also underway in Kathmandu, Rupandehi, and Parsa districts. Legal experts have noted that the withdrawal of the money laundering case grants Lamichhane significant relief.

Earlier, a legal practitioner involved in Lamichhane’s case explained that with the removal of the money laundering allegations, Lamichhane is also relieved from political pressure. There had been earlier questions regarding his parliamentary suspension under the Money Laundering Act linked to these charges. After the formation of Sushila Karki’s government, the Attorney General’s office initiated the process to withdraw both the money laundering and organized crime charges against him.

एमाले बैठकमा ४ उपाध्यक्षले राखे नेतृत्व रुपान्तरणको माग

Four UML Vice Presidents Demand Leadership Change in Party Meeting

May 22, Kathmandu – At a secretariat meeting of the UML party, four vice presidents called for a leadership change and generational transition. Vice Presidents Bishnu Paudel, Prithvi Subba Gurung, Gokarna Bista, and Raghuji Pant expressed their demand for change. Vice President Rambahadur Thapa spoke in support of the current leadership under Oli, and the meeting was subsequently adjourned.

During the meeting, the five vice presidents present concluded that the party cannot be transformed under Oli’s leadership. They emphasized the urgent need for party reforms and generational change. “We have raised the issue of change,” one vice president stated, “and other party leaders have yet to express their views on this matter.” Following the vice presidents’ statements, the meeting was suspended for the day.

Rescue of 687 Nepalis from Southeast Asia’s Illegal Online Scam Centers

A total of 687 Nepalis trapped in illegal online scam centers across Southeast Asia have been rescued. Among those repatriated, 562 were rescued from Cambodia, 111 from Myanmar, 8 from Laos, and 6 from Thailand. The Cambodian government has waived fines for 12 Nepalis and has been requested to waive fines for an additional 172 individuals. (8 Jestha, Kathmandu)

At a press conference organized by the Ministry of Foreign Affairs, spokesperson Lok Bahadur Paudel Kshetri informed that the identification and rescue of Nepalis trapped in illegal scam centers operating near the borders of Cambodia, Myanmar, Laos, and Thailand are ongoing.

According to him, through efforts of the Nepalese missions in Thailand and Myanmar and coordination with relevant authorities, 616 individuals had previously been rescued. In the past two weeks, an additional 71 Nepalis have been saved. Among those rescued, 562 were from Cambodia, 111 from Myanmar, 8 from Laos, and 6 from Thailand, all safely returned to Nepal, stated Paudel Kshetri.

The spokesperson also noted that many more Nepalis may still be trapped in these areas. At the request of the Nepalese Embassy in Bangkok, the Cambodian government has so far waived fines for 12 Nepalis, and requests have been made to waive fines for another 172. Efforts are underway via the Nepalese Embassy in Bangkok to secure the release and facilitate the rescue of Nepalis detained on charges including organized crime and human trafficking. The ministry also stated that initiatives are ongoing to secure the pardon of 18 Nepalis imprisoned in Myanmar, and that necessary support is being provided to them.

British Model-Based Higher Education in Nepal: The Journey of British College

Rajan Kandel established British College in 2011, pioneering British model-based higher education in Nepal. Currently, the college educates around 2,000 students in subjects such as Computer Science, Business Management, and Data Science. He emphasizes the need for collaboration between the government and relevant bodies to transform Nepal into an educational hub. Kathmandu, 8 Jestha.

Twenty-six years ago, when opportunities were limited and the political situation unstable in Nepal, Rajan Kandel from Chitwan left for the UK in search of higher education and opportunities. “I went to the UK with the aims of studying, securing employment, understanding the world, and improving my family’s financial situation,” he recalls the day in 1999. At 17, Rajan’s struggle began in the UK. “It was not easy. It took me time to adjust to the language and culture. I had to repay loans and support my family. So, the initial two to three years were spent more on working and learning the language than on studying,” he shared.

Globally, demand for Computer Science was growing, which motivated his studies in the UK, but many challenges remained. University fees were expensive for international students, and he couldn’t rely on family funds. He had to work and save while also supporting his family. After considerable struggle, he completed his degree in the UK. “Quality education abroad is not accessible to everyone,” he said. “Foreign education is particularly difficult for middle-class students.” This experience inspired him to establish a college that would provide education to middle-class students. Subsequently, in 2002, he and his brothers opened their first college in London. However, Nepali students still had to travel abroad to earn foreign university degrees. To address this, British College was founded in Thapathali, Kathmandu, in 2011, with Rajan as its founder and CEO. “Nepal’s higher education system faced delays in courses, examinations, and results, so we collaborated with foreign universities to offer courses,” he explained.

Thus, British model-based higher education began in Nepal. “It’s a system that encourages students to develop critical thinking, independent ideas, and practical skills. That’s why the institution is named British College,” Rajan said. The college’s establishment was not without hurdles. “We struggled for seven months just to obtain the license. Policy ambiguities and complex government procedures were significant challenges. Files kept shifting from one department to another,” he recalled. Without the license after seven months, they faced the risk of shutting down after investing millions. “After finally securing the license, the college started with 21 students and has grown to 2,000.” Starting with a UK-based Business Management program, the college expanded to include Computer Science, Networking, Accounting, Hotel Management, and more. Currently, subjects like Data Science, Cyber Security, and Artificial Intelligence attract many students. The institution also offers A-level courses.

British College provides education from school level up to master’s degrees and is expanding across Kathmandu, Lalitpur, Pokhara, Chitwan, and Rupandehi. SEE-level education follows the Nepali board curriculum, whereas select primary and A-level programs adhere to the British model. “Bachelor’s and master’s programs are fully affiliated with British universities,” Rajan stated. “The British education system is practical, creative, and student-centered.” He is committed to reducing the compulsion for Nepali students to study abroad. “Not all students can be stopped from going abroad, but they can gain international experience while studying in Nepal,” he added. According to him, approximately 35,000 to 40,000 students are enrolled in colleges affiliated with foreign universities within Nepal. “Parents now have the opportunity to provide their children with international-level education at home,” Rajan noted.

Tuition fees at British College range from approximately NPR 1.6 million to 2.1 million for bachelor’s degrees. Studying Chartered Accountancy (ACCA) costs about NPR 800,000 to 900,000. These fees cover the entire course duration. Various scholarships and a study-friendly environment are available to talented students. Students from low-income families also have access to education. “Those who wish to study will get the opportunity,” he said. The campus provides supportive study environments, well-equipped labs, and libraries. Students study in a peaceful setting, with emphasis on extracurricular activities and sports. “Students are engaged in academics alongside additional activities and sports,” he noted. To foster skilled manpower and education, the college arranges overseas internship opportunities for students willing to intern abroad. “We provide chances for students to intern abroad,” he emphasized.

Each year, approximately 120,000 Nepali students go abroad for higher education, spending nearly USD 100 million annually, according to the Nepal Rastra Bank. This results in a significant economic loss for the country. “We currently have 2,000 students in our campus. If they had studied abroad, their tuition, living, and other expenses would have amounted to about USD 120 million going overseas. Having institutions like British College in Nepal keeps this money within the country,” Rajan explained.

He believes that the availability of international-level education domestically reduces the necessity for students to study abroad. “This saves foreign currency,” he said. Education is also creating employment. “About 1,000 people are employed directly and indirectly within our group,” Rajan shared. “Sometimes we are accused of sending students abroad, but those funds are solely used for educational management related to universities.” Colleges affiliated with foreign universities contribute significantly to saving foreign currency, producing skilled human resources, generating employment, and increasing tax revenue. “Since we are a private institution, we do not receive grants or financial support from the government. Without incurring any government expense, we make substantial contributions to the private sector,” he added. “Encouraging such institutions is in the national interest.”

Rajan has also proposed plans to skill Nepali youth and create employment in Nepal. He owns an IT company providing job opportunities. He envisions Nepal becoming an educational hub. Operating colleges in the UK, Dubai, and Canada, Rajan believes Nepal can develop into an educational hub. “Education and skilled manpower are the foundation of Nepal’s development, making it necessary to become an education hub,” he said. He stresses the importance of collaboration among the government, policymakers, and related agencies. Rajan also expresses the need for the government to improve its approach toward the diaspora. “Despite having an NRN card, issues like visa hassles, difficulties in repatriating investments, and recognition of foreign degrees discourage the diaspora. However, the diaspora is the greatest source of love and contribution,” he concluded.

Nepal’s Budget 2083: Will There Be a Salary Increase for Employees and Changes to Income Tax Thresholds?

Finance Minister Swarnim Wagle speaking at a parliamentary session.

Image Source, RSS

With inflation rising due to factors similar to the Iran war, there is widespread interest in the upcoming budget to be presented in Parliament next week concerning whether the government will increase employees’ salaries and revise income tax thresholds.

A former vice-chairman of the National Planning Commission noted that with a strong government currently in place, policies could be introduced to secure new sources of revenue, with expectations for expanded income tax coverage and salary increments for employees.

An industry umbrella organization’s chairman expressed hope for the introduction of long-term policies supporting businesses and industries, citing that the sluggish economy has yet to recover fully.

Finance Minister Swarnim Wagle has emphasized prioritizing the improvement of the economic conditions of the poor and the expansion of the middle class.

His party, the Rastriya Swatantra Party, pledged in its election manifesto to review the tax thresholds on salaries and to regularly and appropriately adjust employees’ wages.

समस्याग्रस्त गौतमश्री सहकारीका ऋणीहरूको नाम सार्वजनिक

List of Debtors of Gautamshree Cooperative Published

The Problematic Cooperative Management Committee has released the list of approximately 140 major debtors of Gautamshree Multipurpose Cooperative Institution. The Government of Nepal had declared this cooperative problematic on Chaitra 13, 2080 BS. The committee has instructed the debtors who have not yet repaid their loans to settle them promptly and warned of legal action.

May 22, Kathmandu – The Problematic Cooperative Management Committee under the Ministry of Land Management, Cooperatives and Poverty Alleviation has published the list of debtors of Gautamshree Multipurpose Cooperative Institution, which was declared problematic. The committee made public the names of about 140 major debtors on Friday. This disclosure was made in accordance with the decision taken during the committee meeting held on Baisakh 23, 2083 BS.

Previously, the Government of Nepal had declared Gautamshree Multipurpose Cooperative Institution problematic on Falgun 13, 2080 BS. According to the committee, the list was published based on the available debtor information. Additionally, individuals who have already repaid their loans but find their names included in the list have been requested to present necessary proof and come forward.

Gautamshree Cooperative was declared problematic on Chaitra 13, 2080 BS. A total of 1,673 savers from the cooperative have claimed demands totaling NPR 301 million. The committee has instructed those who have not yet repaid their loans to contact the committee’s office immediately to settle their dues. Otherwise, the committee has warned that legal procedures will be initiated as per prevailing laws.

Nepal Formally Requests United Nations to Extend Timeline for Graduation from LDC to Developing Country by Three Years

The government of Nepal has formally requested the United Nations Committee for Development Policy (CDP) to extend the deadline for Nepal’s graduation from the Least Developed Countries (LDC) category to a developing country until November 2029. The Ministry of Foreign Affairs has conducted the necessary correspondence regarding this extension. Previously, Nepal was scheduled to graduate from the LDC list by November 24, 2026. However, considering national and global economic and political circumstances, the government has decided to postpone the graduation until November 2029.

Ministry of Foreign Affairs spokesperson Lok Bahadur Paudel Kshetri informed at a press conference on Friday that the extension request was officially communicated to defer Nepal’s graduation from the LDC list until November 2029. Foreign Minister Shisir Khanal also stated that on May 13, 2026, he sent a formal request to the CDP chair within the United Nations to immediately halt the graduation process.

The government has cited five primary reasons for delaying the graduation timeline. First, regional conflicts and global supply chain disruptions have negatively impacted Nepal’s economy. Second, the World Bank projects Nepal’s economic growth rate to remain limited at 2.3 percent in 2026, which serves as a key basis for the government’s request. Third, upon graduation from the LDC status, Nepal risks losing existing duty-free and quota-free (DFQF) market access privileges, which could reduce employment in productive sectors by up to 35 percent.

The government noted that the sustainable transition strategy has not been implemented as expected. Furthermore, the post-COVID-19 economic recovery remains unstable, compounded by geopolitical tensions and the effects of climate change which have added additional challenges to the economy. Additionally, recent developments in the Middle East have affected remittances, a significant source of foreign currency reserves. The government’s analysis also points to rising prices of fuel, food items, and fertilizers, which have impacted the tourism industry and the overall national economy.

Public Call for Suggestions on Constitution Amendment

The task force led by Asim Shah, political advisor to Prime Minister Balen Shah, has decided to collect opinions from the general public regarding amendments to the constitution. The task force has issued a public notice inviting suggestions on constitutional amendments, urging submissions within one week. Suggestions can be sent via email to sambidhansansodhan@gmail.com, sambidhansansodhan@opmcm.gov.np, or through WhatsApp at 9856029947. Dated 8 Jestha, Kathmandu.

The task force preparing the discussion paper on constitution amendment has resolved to gather opinions from the general public. In a public notice issued on Friday, the task force requested suggestions within a week. Following the task force meeting’s decision, written suggestions are being solicited to ensure “the participation of all Nepali citizens.” Suggestions can be submitted via email and WhatsApp. Written suggestions on constitutional amendments can be sent to the emails sambidhansansodhan@gmail.com and sambidhansansodhan@opmcm.gov.np. The WhatsApp number 9856029947 is also available for submitting suggestions.