Recommendation for Action Against Involvement in Cooperative Fraud, Including Rabi Lamichhane

A parliamentary investigation committee on cooperative fraud, led by CPN-UML MP Suryabahadur Thapa, has prepared a report recommending action against those involved in the embezzlement of cooperative funds, including Rabi Lamichhane, President of Rastriya Swatantra Party (RSP). The report will be submitted to the Parliament on Monday after being signed by the committee members.

Key Points:

1. Investigation Findings:

   • The investigation found Rabi Lamichhane guilty. His signature was found on expenditures of funds transferred from various cooperatives to Gorkha Media Network, where he served as Managing Director, confirming his involvement in the embezzlement.

2. Involvement of Gorkha Media Network:

   • It was discovered that Gorkha Media Company Chairman Gitendra Babu (GB) Rai, Managing Director Lamichhane, and Director Chhabilal Joshi jointly operated accounts in two banks after completing KYC forms and signing checks.

   • GB Rai is associated with the embezzlement of NPR 8 billion, Kedarnath Sharma with NPR 33 billion, and Sumeru with NPR 15 billion.

   • GB Rai was responsible for bringing money into Gorkha Media through cooperatives.

3. Evidence of Embezzlement:

   • During Lamichhane's 14-month tenure, NPR 650 million was spent from Gorkha Media, with his signature found on the expenditures. GB Rai also signed a check for NPR 4 million.

   • Evidence shows Rabi, GB, and Chhabi illegally acquired shares, deposited money, and submitted vouchers.

4. Committee's Recommendation:

   • The committee has agreed to recommend legal action against those found guilty.

Conclusion:

The committee has confirmed the involvement of Rabi Lamichhane and others in the cooperative fraud case and recommended legal action against them. This report will be presented to Parliament, providing a basis for further investigation into the matter.