August 16, 2026, Sunday
English

Bamjan Acquitted in Money Laundering Case

Main News Image

Kathmandu: The Sarlahi District Court has acquitted Ram Bahadur Bamjan, known as the Little Buddha, in a money laundering case. On Baisakh 8, a bench led by Judge Mahendra Raj Kafle ruled that the charges in the case were not substantiated and declared Bamjan not guilty.

The Department of Money Laundering Investigation had filed the case against Bamjan, seeking compensation of Rs 859 million. Earlier, the court had ordered him to be held in custody pending trial, and following the verdict, he has been released from Sarlahi Prison.

mediabaaji add

Related News

Jan Utthan Laguvitta will not distribute dividends this year as well

Kathmandu. Jan Utthan Community Small Finance Financial Institution Limited will not distribute dividends to the shareholders from the profit of the last financial year. The meeting of the microfinance board of directors held on 26th January decid...

Gold has fallen from its highest price, while silver has hit a new record

Kathmandu. The price of gold has decreased from its highest value so far. Gold today fell by Rs 600 per tola. According to the Nepal Gold and Silver Traders Federation, today the price of gold is being bought and sold at 270,000 rupees per tola. O...

Authority reviewing electricity tariffs: Preparation to reduce tariffs and increase domestic consumption

Kathmandu. Nepal Electricity Authority has started the review process with the aim of making the electricity tariff structure timely. With the goal of maximum utilization of electricity, expansion of internal consumption and development of consume...

Richet Hydro to issue IPO to public, appoint RBB Merchant Banking as sales manager

Kathmandu. Upper Richet Hydropower Pvt Ltd has prepared to issue IPO for general public. The company has appointed RBB Merchant Banking Limited as the issue and sales manager. The agreement was signed by the executive chairman of the company, Anan...

NEPSE increased by 8.81 points, turnover of 3.72 billion

Kathmandu. On the last trading day of the week, the stock market increased by 8.81 points on Thursday. With this increase, the NEPSE index has reached 2,651.21 points. According to the Nepal Stock Exchange, shares worth 3.72 billion rupees were tr...

What is the exchange rate of foreign currency on Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 48 paisa and the selling rate is 142...