Arrest Warrant Issued for 24 Individuals, Including GB Rai, in Swarnalakshmi Cooperative Savings Fraud Case

Authorities have issued arrest warrants against 24 individuals, including GB Rai, in connection with an alleged large-scale fraud at the Swarnalakshmi Multipurpose Cooperative located in Kalimati, Kathmandu. The cooperative is accused of misappropriating approximately NPR 1.11 billion in savings from 645 members. Notable figures like Ravi Lamichhane and Chhabilal Joshi are also under investigation. Key…