DRI Files Lawsuit Against Family Involved in Illegal Cryptocurrency Trade; Rs 376.4 million claimed in penalty
Tax Investigation Department. (File photo)
KATHMANDU: The Department of Tax Investigations (DRI) on Monday filed a complaint against an entire family after they were found involved in cryptocurrency trading, which is considered illegal in Nepal. A case has been filed in the Kathmandu District Court claiming a Rs 376.4 million fine.
The family’s involvement in cryptocurrency transactions came to light after Nepal Rastra Bank (NRB) looked into the matter after discovering that US dollars were exceptionally being deposited in individuals’ bank accounts on different dates. .
Dinesh Khadka from Lamkichuwa-10 in Kailali district, currently living in Kalopul in Kathmandu, brought money through an illegal cryptocurrency transaction in collusion with his sister Bhagawati, father Nar Bahadur Khadka and his girlfriend Anita Dhital.
In a statement on Tuesday, the Department said the Khadka family was involved in the US dollar transaction through the use of e-Skrill and Binance mobile apps.
The Nepal Rastra Bank (NRB) investigated the case thoroughly. According to the details, Rs 9.7 million was credited to Dinesh’s account at Global IME Bank, Rs 57.7 million was credited to Anita Dhital’s bank account while Rs 204 million was credited to the account. bank of Bhagawati Khadka’s NIC Asia Bank.
The ministry said it had requested the seizure of the amount and three years behind the alleged bar of Khadka.