The Supreme Court has upheld an earlier decision by the Special Court to sentence Ichchha Raj Tamang, promoter of Civil Savings and Credit Cooperative, to imprisonment in a money laundering case.
A bench of Justices Nahakul Subedi and Abdul Aziz Musalman on Friday upheld the Special Court’s previous verdict against Tamang.
Tamang had filed a petition at the Supreme Court on February 8, 2024, demanding that he be allowed to fight the case remaining outside prison.
Hearing the petition, the bench of Justices Subedi and Musalman ruled that nothing needed to be done regarding the Special Court’s decision.
According to Supreme Court Spokesperson Nirajan Pandey, the court issued an order to proceed "in accordance with the law."
"The order to proceed as per the law means to move forward in accordance with the previous order," Pandey explained.
Earlier, the Special Court had found Tamang guilty of money laundering and sentenced him to three years in prison. It had also fined him more than Rs 1.72 billion.
A bench of Special Court Chair Tek Narayan Kunwar and members Tej Narayan Singh Rai and Murari Babu Shrestha had convicted Tamang on January 21 last year and announced the sentence on February 4.
In the same case, the Special Court had convicted Sirjana Shakya Tamang, handing down a prison sentence of 18 months and a fine of Rs 1.03 billion.
Defendant Keshav Lal Shrestha was also sentenced to prison for 18 months and fined Rs 256.59 million.
The court had also ordered the confiscation of properties registered under the names of Ichchha Raj, Sirjana, Keshav Lal, Mina Shrestha, Pratiksha Tamang, and Pratistha Tamang.
