Rabi Lamichhane, the former home minister and chairman of the Rashtriya Swatantra Party, has been released by the Chitwan District Court with a bail sum of Rs 5.4 million in connection with a cooperative fraud case involving Sahara Multipurpose Cooperative. Lamichhane has been charged with embezzling more than Rs 100 million along with three others.
It was not the first time Lamichhane received bail in such financial fraud cases. He was earlier granted bail in three different cases for similar accusations: Rs 6.5 million for the Suryadarshan Cooperative fraud, Rs 6 million for the Swarnalakshmi Cooperative case, and Rs 10 million for the Supreme Cooperative fraud.
Lamichhane also remains linked to other ongoing fraud investigations, one of which is in Parsa concerning the Sanopaila Cooperative. He has continued to deny wrongdoing.