Kathmandu – A diffusion notice has been issued requesting Interpol’s help in arresting GB Rai, who has been charged of co-operative fraud.

District Police Office Kaski had earlier requested the Police Head Office to issue a diffusion notice in the case of fraud in Suryadarshan Cooperative. In response, Central Police Spokesperson DIG Bhim Prasad Dhakal informed that Interpol’s National Central Bureau Kathmandu has requested the Secretary General of Interpol to issue the notice.

The Kaski District Court earlier ordered the arrest of treasurer Kumar Ramtel on charges of misappropriation of depositors’ money. In the same incident, Vice President Kailash Kumar Darlami, member Shiv Bahadur Gurung and Bhagishwar Aryal were also arrested and are currently being detained and investigated, according to the Kaski Police.

An arrest warrant has been issued against 19 people including JB Rai in the Suryadarshan Cooperative fraud case. 15 of them are absconding now.

In the complaint, it is alleged that the employees of Suryadarshan embezzled 1.12 billion rupees from the depositors. Under the Cooperative Act, they can be jailed for 8 to 10 years and fined.

According to the police report, the GB Rai group embezzled the funds of Suryadarshan by creating fake shareholders and various companies. The police have concluded that the directors and officials of the cooperative opened fake share member accounts and misappropriated the funds without placing the assets in the name of the cooperative or individuals.