February 5: The Special Court has sentenced Ichchharaj Tamang to three years in jail and fined over Rs 1.72 billion after he was found guilty in money laundering case.

A bench comprising Chairperson of the Special Court Tek Narayan Kunwar and Justices Tejnarayan Singh Rai and Murari Babu Shrestha issued the verdict convicting Tamang on Sunday.

The Court, determining the punishment, pronounced the verdict, finding Tamang guilty. Tamang was in custody for investigation in the Civil Cooperatives scam. Although the court found him guilty on January 21, he was scheduled for appearance in the court on Monday to determine the punishment.

The Court has also announced a year and half of imprisonment to Tamang's wife Srijana Shakya and slapped a fine of over Rs 1.35 billion Ichchharaj Handed 3-year Jail Term, Fined Over Rs 1.72 Billion.

 In the same case, the Court pronounced verdict that Keshav Lal Shrestha will be put behind the bar for a year and half and over Rs 250 million has been sought as a recovery from the loss he caused.

All the properties owned by Ichchharaj Tamang, Srijana Shakya, Keshav Lal Shrestha, Meena Shrestha, Pratikshya Tamang and Pratistha Tamang shall be confiscated, the Court delivered in its verdict.

The Department of Money Laundering Investigation had filed a case against former Chairperson of Civil Cooperatives, Ichchharaj, and six members of his family on September 1, 2022. (RSS)