Investigations reveal the funds were derived from misappropriated savings from cooperatives, including Suryadarshan, Swarnalaxmi, and Sahara.

Speaker Ghimire is expected to make official the RSP chief’s suspension as parliamentarian through a notice.

The accused are charged with cooperative fraud, organised crime, and money laundering.

District attorney plans to file chargesheet against five others including RSP chair Rabi Lamichhane on Sunday.

Police seek four-day extension for investigation into cooperative fraud, organised crime and money laundering charges.

Kaski police presents a report on cooperative fraud, organised crime, and money laundering charges against RSP chief Lamichhane and others.

The RSP chair, who was arrested from the party headquarters in Kathmandu on October 18, is currently held at the District Police Office in Kaski.

CIB team arrested former home minister Lamichhane from the RSP’s central office in Kathmandu on October 18 and took him to Pokhara for investigation.

Following an initial six-day remand, RSP chief was held for additional seven, then ten days, before Sunday’s extension.

The area is located at an altitude of 3,283 metres, to the south of Annapurna and Lamjung. Trekkers can see the ruins of an over 1,500 years old village.

The former home minister has already spent five days in custody for investigation into his involvement in cooperative scam, so he will remain in detention for another five days.

Police used tear gas when protesters attempted to breach a restricted area.

Lamichhane and Joshi presented before Kaski court for remand extension.

Kaski court remands him and ex-DIG Joshi for 7 more days.

Central Investigation Bureau team apprehended Lamichhane on Friday after securing a warrant from Kaski District Court.