Probe into Sumargi’s funds in second phase: State minister
Kathmandu Post / eKantipur
Jan 22, 2018-Minister of State for Finance Udaya Shumsher Rana has said that the probe into the property owned by controversial businessman Ajeya Raj Sumargi has reached the second phase….
Sumargi faces probe on the charge of illegal transfer of funds into the country and money laundering. A preliminary government report had shown that Sumargi and his companies have so far received $118 million (approximately Rs12.1 billion) and 380,000 pounds (around Rs52.6 million) from “suspicious companies” based in the British Virgin Islands, Cyprus, Egypt and Belarus.