Fugitive GB Rai Accused of Embezzling Billions; State Mechanism Criticized for Inaction
Fugitive GB Rai is accused of embezzling over Rs 21 billion from depositors through more than a dozen cooperatives, with his personal companies reportedly continuing operations despite ongoing legal cases. Suman Khanal, coordinator of the Swarnalakshmi Cooperative Victims’ Struggle Committee, criticized the state mechanism, stating it appears helpless and may be protecting Rai, preventing his arrest and extradition from Malaysia.
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16 hours ago