गृहपृष्ठ ∕ Nepal ∕ Case filed against traders on charge of foreign exchange misappropriation Nepal Case filed against traders on charge of foreign exchange misappropriation KathmanduPati October 15, 2020 KATHMANDU : The Department of Revenue Investigation has filed cases against traders involved in misappropriation of foreign exchange by sending money illegally for the payment of goods imported by evading customs duty. The Department has charged the proprietors of JSS Mobile Collection and Services Pvt Ltd and Shree Shyam Impex, Mohan Bansal and Govinda Bansal, respectively, of misappropriating foreign exchange equivalent to Rs 859 million 522 thousand. Department’s director general Dirgha Raj Mainali said that cases have been filed against the two traders at the Kathmandu District Court on Wednesday, seeking to realise the amount misappropriated, a fine up to three times the amount and three years of imprisonment. The Department said it found during investigation that various foreign-made goods including mobiles and memory cards had been smuggled in through JSS Mobile Collection and Services Pvt Ltd and Shyam Impex without paying the customs duty. Write your comments RELATED NEWS Expenditure exceeds income, but dev spending only at 23 per… Rhino census halted due to funding shortage Security beefed up in Kathmandu Valley for Holi festival Devotees throng Bhimsen Temple in Bhaktapur Low visibility causing domestic, international flight disruption at TIA District administration offices of Kathmandu Valley call for decent Holi… Top Headlines Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy1 Relevance of Prithivi Narayan Shah in Contemporary Nepal2 Photo exhibition at Nepal Army Headquarters3 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’4 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy5 PM Oli, Sri Lankan’s former President meet6 PM Oli extends New Year greetings7 Gold price ups Rs 2,000 per tola8 TRENDING Why US Indo-Pacific strategy will fail Role of Vitamin D in pregnancy to combat COVID-19 Nepal-India petroleum pipeline saves over a billion rupees in transportation related costs Nepal Army vows to complete Kathmandu-Terai Fast Track project in time Money laundering case worth millions filed against gangster ‘Bale’ Interview with Nepal’s first female paragliding pilot on World Tourism Day China’s new light-sport aircraft completes maiden flight 8,848.86 meters is now the new official height of world’s highest peak Mount Everest
