The Special Court has found Ganesh Lama guilty of money laundering. The joint bench of Special Court Chairman Baburam Regmi and Justices Dwarika Man Joshi and Ratna Bahadur Bagchand on Thursday has sentenced him for one year and ordered confiscation of property worth Rs 14.05 million.
The Department of Money Laundering Investigation had lodged a case at the Special Court accusing Lama of amassing properties worth Rs 270.10 million through thuggery and criminal activities.
But the Special Court has deemed that Lama illegally amassed only Rs 14.05 million. The court has ruled that properties worth that amount be confiscated from Lama, according to Registrar at the Special Court Bhim Kumar Shrestha.
The court, however, has given clean chit to five other members of Lama’s family.
The Central Investigation Bureau of Nepal Police had arrested Lama in May 2013 and initiated investigation against him. The Department of Money Laundering Investigation then lodged the case on the basis of that investigation.
Lama is currently in Dilli Bazar Jail for an arms and ammunition case.
He had contested the provincial assembly election from Kavre-1 (B) on a Nepali Congress (NC) ticket.