Nepal, May 12 -- Investigations have revealed that Nepali Congress lawmaker Maya Rai was involved in the embezzlement of approximately Rs 24 million during her tenure on the executive board of Kalimati-based Swarnalaxmi Cooperative.

According to the Kathmandu District Government Attorney's Office, Rai served as a board member in fiscal year 2016/17 and later as co-secretary during 2017/18 and 2018/19. During this period, police investigations found she facilitated unsecured loans and unauthorized investments.

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Specifically, around Rs 8.9 million was misappropriated when Rai was a board member, including loans issued without collateral and investments exceeding le...