HIMALAYAN NEWS SERVICE
KATHMANDU: The Special Court today convicted a person for money laundering and slapped a jail sentence of one year plus fine and confiscation of property.
A bench comprising judges Gauri Bahadur Karki and Om Prakash Mishra issued the order following today’s hearing.
The bench said that since Dharmabir Paswan, an Indian citizen, who was caught with NRs 2 million from Janakpur rail station, had failed to prove the sources of legitimate income, he had to be convicted of the money laundering charge.
The bench also imposed a fine of NRs two million and confiscation of the same amount that he possessed illegally.
Though he claimed that the amount was taken as loan by his father from Prakash Jung Rana, a resident of Janakpur for business, the Special Court said that he could not legally prove his claim.