7 including 5 Indian nationals held for running illegal hundi transactions
KATHMANDU: As many as seven persons including five Indian nationals have been arrested for their alleged involvement in running illegal hundi transactions for evading tax in Kathmandu, on Monday.
Issuing a press statement on Monday, the Metropolitan Crime Division said, all the suspects were arrested from Kathmandu today.
MCD identified the arrestees as Rahul Ray Agrawal (29) of Thapathali, KMC-11, Raj Kumar Shrestha (31) of Sindhupalchok district, Shiva Kumar Santyang (52) and Jagadish Rana Sariya (52) both hailing from Rajasthan in India, Arun Sabarthiya (46) of Mumbai, Rabindra Chokani (38) and Raj Kumar Siganchi (38) both from New Delhi in India.
Acting on a tip-off, a police team deployed from the MCD raided various places in New Road and recovered Rs 5.145 million cash, various bank cheques worth Rs 30.56 million, mobile phone, laptop along with other documents.
After preliminary investigation, police are preparing to send the suspects to Hariharbhawan-based Department of Revenue Investigation for further investigation and action.