Ichha Raj Tamang Found Guilty of Money Laundering

The Special Court, headed by Chairman Tek Narayan Kunwar and Members Tej Narayan Singh Rai and Murari Babu Shrestha, declared former businessman and Constituent Assembly member Ichha Raj Tamang guilty of money laundering on Sunday. The case, which has been under continuous scrutiny by the Special Court since Tuesday, reached its conclusion with the pronouncement of the verdict.

The Department of Money Laundering Investigation (DMLI) had filed the case against Ichha Raj Tamang, his wife Srijana Shakya Tamang, two daughters Pratikshya and Pratistha, as well as family friends Keshav Lal Shrestha and Mina Kumari Shrestha last year. The DMLI sought to recover Rs 3.31 billion allegedly earned illegally, asserting that Ichha Raj had concealed the ill-gotten gains in the names of his family members.

The Special Court found Ichha Raj Tamang guilty and is scheduled to announce the sentence in the next hearing, set for February 4. The court also pronounced guilt for Srijana Shakya Tamang, Keshav Lal Shrestha, and Mina Kumari Shrestha. However, Ichha Raj’s two daughters, Pratikshya and Pratistha, were acquitted in the case.

This high-profile money laundering case has raised concerns about the misuse of financial resources and underscores the importance of diligent investigation and legal proceedings to combat financial crimes in the country.