The Department of Revenue Investigation on Monday filed a case against seven individuals at the Kathmandu District Court by maintaining the “largest ever” misappropriated amount on charge of running a hundi business.

The DRI has fixed the misappropriated amount at Rs4.14 billion, which is the largest amount ever set in the cases registered on charges of foreign exchange misappropriation, according to DRI officials.

The case has been filed against Milan Gurung, Dharma Kumar Gurung, Nilima Thami Rai, Rajendra Man Gurung, Bidya Devi Gurung, Dal Bahadur Pun, and Lab Kumar Nepal. The DRI has sought punishment against them citing the Foreign Exchange Regulation Act. 

“The defendants were found to have transferred money to the country as well as out of it,” said a senior DRI official.