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Chinese National Wi Lixing Involved In Money Laundering
Issue 22, May 29, 2011
By KTM Metro Reporter
May 24, 2011: a bench comprising Chief Judge of the Special Court Gauri Bahadur Karki, and Judges Om Prakash Mishra and Kedar Prasad Chalise has yesterday convicted Chinese national Wi Lixing of money laundering and has sentenced him to one-year-jail term and imposed a fine of Rs 67.5 millions and confiscated USD one million deposited in his name at the Bhaisepati branch of the Nepal-Bangladesh Bank.
The Chinese national Wi Lixing has been absconding since the Revenue Investigation Department released him on bail in February 2010. The Special Court has also issued a strong warning to the Revenue Investigation Department for releasing Wi Lixing instead of keeping him under custody in the case of money laundering.
