Himalayan Reinsurance Limited(HRL) is under investigation for allegedly moving NRs 52 crores through a company linked to his family. Reports say the money went through his mother-in-law’s firm, Alliant Insurance Broker, and then reached his own account through his wife.
How Did the Money Move?
According to reports, The transfers were not direct. Instead, they followed a complicated route through close family connections. Investigators are examining whether this was a loophole or a deliberate attempt to misuse funds.
Both the Nepal Insurance Authority and the Commission for the Investigation of Abuse of Authority (CIAA) are involved. They are checking for possible fraud, money laundering, and abuse of power.
Investigations are ongoing, and the public is waiting to see what the probes will reveal. There may be more hidden transactions yet to be uncovered. Authorities are digging deeper to find out.
