Agarwal, chairman of Shankar Group, partner of middleman Deepak Bhatt, arrested
-
Media Baaji
- Sat, 4 April 2026
Kathmandu. Shankar Lal Agarwal, the chairman of Shankar Group, the business partner of Dipak Bhatt's business partner, the ever-powerful middleman, Shankar Lal Agarwal, has been arrested when there was a government led by Nepali Congress and CPN-UML0. The Money Laundering Investigation Department arrested him on Friday for investigation after he was linked to the business with businessman Bhatt, who was previously arrested for the crime of money laundering.
Bhatt was arrested on Thursday by CIB, Central Investigation Bureau of Nepal Police. At the request of the Money Laundering Investigation Department, Bhatt was arrested and handed over to the department itself. The District Court, Kathmandu has given the department a deadline to keep him in custody for 10 days. Sources said that a suspicious amount was deposited in Bhatt's account from the bank account of Jagdamba Steel under the Shankar Group.
The department has prepared to file a case in court against the accused including Bhatta claiming more than five billion rupees. After it was confirmed that Himalayan Re-Insurance and its subsidiaries had misused 3.81 billion rupees to buy the shares of companies including Nepal Re-Insurance, the department started an investigation against Bhatt.
Express
Related News
Requesting all citizens to be responsible for maintaining social and religious harmony
Kathmandu. Inspector General of Police IGP Dan Bahadur Karki has asked all citizens to be restrained and responsible to maintain social and religious harmony in the country. Through a video message, he said that Nepal is a beautiful country with a...
Police 'sweep operation' in the middle of the night: 17 people were arrested on charges of involvement in gangsterism
Kathmandu. The police has conducted a special 'sweep operation' to control the increasing gangsterism and unwanted activities on common people in Kathmandu Valley. The team of Kathmandu Crime Investigation Office has arrested at least 17 people by...
One more person involved in the killing of the police in the Genji movement was arrested
Kathmandu. The police have arrested one more person on the charge of involvement in the murder of Uttam Thapa, a police constable working in the Maharajgunj police circle.
The team of District Police Complex Kathmandu arrested 21-year-old Son...
Sixth day awareness programs under "Accident Reduction Special Campaign and Traffic Week 2082" completed
Kathmandu. Today, on the sixth day of the Traffic Accident Reduction Special Campaign and Traffic Week 2082, the Traffic Police has conducted various awareness programs in Kathmandu Valley.
Under today's program, 7 thousand 987 p...
Rajendra Shakya, owner of Guna Airlines, arrested for banking offences
Kathmandu. The Central Investigation Bureau of Police has arrested Guna Airlines Chairman Rajendra Shrestha. Shakya has been arrested for banking offences. On Wednesday, the police arrested him from Jawalakhel in Lalit...
Police overnight 'Operation Safety': Five involved in hooliganism, 18 arrested from airport
Kathmandu. Last night, Kathmandu Police conducted 'Operation Safety' and arrested five people involved in hooliganism in different places of the valley and also arrested 18 people who were causing trouble and harassment to passengers at the airpor...