The Special Court on Monday set a bail amount of Rs 20 million for Parshuram Basnet, who is indicted of accumulating assets worth multimillion through criminal activities. Basnet has been sent to the Central Jail.
Also an influential leader CPN-UML’s youth wing Youth Association Nepal, Basnet is accused of accumulating assets worth Rs 116.01 million.
The Department of Money Laundering Investigation (DMLI) had moved the Court on May 19 against gangsters including Basnet, Ganesh Lama, Chakre Milan, Deepak Manange and Abhishek Giri.
The recently concluded general convention of the Youth Association Nepal elected him to the central committee of the organization
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