FENEGOSIDA Cautions Against Increasing Cases of Loot and Theft

The Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) has issued a cautionary statement regarding the rising incidents of theft and loot, particularly during the ongoing economic recession.

In a recent press release, the Association highlighted a specific incident that took place on Ashad 10 in Mahottari district, where a considerable amount of jewellery was stolen from a shop. FENEGOSIDA demands swift action against those responsible for the incident.

Furthermore, the Federation has expressed its belief that an organized group is involved in these occurrences and has called for their apprehension to prevent future incidents. FENEGOSIDA emphasizes the need for proactive measures to curb such criminal activities.

Lastly, the Federation acknowledges the challenges faced by gold and silver businessmen amidst the current economic recession and the escalating prices of these precious metals. They urge concerned authorities to enhance security arrangements to ensure the safety and security of businesses in the industry.