Goldquest agents freed on bail

September 23, 2003
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The Supreme Court Monday released two international Goldquest agents, Dona Mary Imson and Tanbir Nizam on bail. They were in police custody for over 7 months for operating “illegal” Goldquest business in Nepal.

According to court officials, Imson, a Filipino and Nizam, an Indian, were sent to custody on charges of planned cheating, illegal gold business in Nepal and involvement in foreign exchange business through Goldquest.

The case was first prosecuted at the Kathmandu District Court. The bail from the apex court followed filing of a writ petition from the duos. Goldquest, a kind of pyramid scheme, is illegal in Nepal. nepalnews.com mr Sept 23