Crime Division Seize Over NPR 252 million in Foreign Currency, Suspect in Custody
18th Mar 2025
The Kathmandu Valley Crime Division has seized a staggering amount of foreign currency, equivalent to 252.144 million Nepalese rupees, in a major crackdown on illegal financial activities. The confiscated money includes USD 320,385 and EUR 1,375,000, alongside an undisclosed amount of Nepali currency.
The operation took place on Monday night in the Jhor area of Tokha Municipality-1, where a team from the Kathmandu Valley Crime Investigation Office, Teku, intercepted a truck (Na 1 Kha 1652) carrying the illicit funds. Senior Superintendent of Police (SSP) Ramesh Basnet, Chief of the Crime Division, confirmed the arrest of an individual in connection with the case but refrained from disclosing their identity.
Authorities suspect the seized cash was being smuggled to China via the Rasuwa checkpoint, with possible links to Chinese criminal syndicates. Investigations are underway to determine the broader network involved in this cross-border financial crime.
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