Authorities have arrested the two deputy registrars of the Office of Company Registrar  (OCR) who were on the run after they were exposed as enablers in the Rs 700 million fraud case.

A team from the Commission for the Investigation of Abuse of Authority (CIAA) arrested Darma Raj Rokaya and Ganga Dhar Poudel from Babarmahal in Kathmandu on Thursday.

The Central Investigation Bureau (CIB) of Nepal Police was after the duo for their alleged involvement in defrauding the owner of Shanker Electric Industries Pvt Ltd, Ram Niranjan Jatiya, by forging documents to transfer the company in the name of Jit Bahadur Magar.  

Magar, who had been working for Shanker Electric for the past 16 years, had reportedly swindled Rs 700 million and taken out Rs 3 million loan from a bank with forged business ownership papers.

CIAA Spokesperson Rameshwor Dangal said both Rokaya and Poudel were being detained at the commission’s custody for investigation. Police have already arrested 12 people in connection to the case.

Four employees of the OCR—Narayan Prasad Pokharel, Umesh Man Joshi, Ashish Maharjan and Pushpa Kala Rai—are among the arrested.

CIB Spokesperson SP Sanuram Bhattarai said the CIAA is investigating into the case as the suspects have been charged with corruption.