Nepal High Court Grants Rabi Lamichhane Bail in Fraud and Crime Case

The Nepal High Court ordered RSP Chairman Rabi Lamichhane's release on bail relating to a fraud and organized crime case. The former minister has been in custody for allegedly misappropriating funds. A bail of Rs 26.8 million is required, with conditions on foreign travel.

The Butwal High Court in Nepal has granted bail to Rastriya Swatantra Party Chairman Rabi Lamichhane, who faces allegations of fraud and organized crime. The release order, issued on Thursday, comes with a bail condition of Rs 26.8 million.

A division bench, including Chief Judge Basudev Acharya and Judge Tej Narayan Paudel, ruled in favor of Lamichhane's conditional release. This decision follows months of custody due to suspicions of fund misappropriation from the Supreme Cooperatives in Butwal.

Aside from the bail condition, the court has imposed a stipulation requiring Lamichhane to obtain permission should he wish to travel abroad. The court's ruling marks a significant development in the high-profile legal proceedings surrounding the former Deputy Prime Minister.

(With inputs from agencies.)