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Interpol notice against Unity fugitives

   
  

Added At:  2012-05-24 11:51 PM

   Last Updated At: 2012-05-24 11:51 PM

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HIMALAYAN NEWS SERVICE

KATHMANDU: National Central Bureau (NCB), a contact point for Interpol offices in 190 member-states and a division of the Nepal Police, has issued a ‘diffusion’ notice against three most wanted fugitives of Unity Life International, who have been facing fraud charges.

The notice is against Kashiram Gurung of Syanja, and Bishnu Bahadur Chhetri and Krishna Bahadur Chhetri of Parbat, who have been absconding since May 23, 2010, when the Supreme Court deemed Unity’s banking, insurance and cooperative businesses illegal. After the court order, police had issued an arrest warrant against the Unity promoters.

Diffusion is used to request the arrest or whereabouts of an accused or other related information with respect to a part of police investigation. NCB directly circulates diffusion to 190 member-states to facilitate cross-border investigations.

The three have been charged with defrauding their clients, evading tax and illegally operating businesses without Nepal Rastra Bank’s permission.

ULI — a pyramid style network scheme — had a total of 368,710 identified members across the country and abroad, and it had collected Rs 3.83 billion from them. It had distributed Rs 1.63 billion as commission, according to the Department of Revenue Investigation. Authorities have recovered around Rs 26.33 million from ULI so far.

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