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
These are the 10 SPs recommended for promotion to SSP
Kathmandu. Ministry of Home Affairs has recommended 10 SP of Nepal Police for promotion to SSP. The promotion committee secretariat meeting of the Ministry of Home Affairs held on Wednesday decided to recommend 10 Superintendents of Police SP for...
Asset laundering case filed against life in 61 kg gold smuggling case
Kathmandu. A case of money laundering has been filed in the Kathmandu District Court against Jeevan, the director of Mashta Group Pvt Ltd, involved in the 61 kg gold smuggling case. The Asset Clearance Department filed...
A group active to disrupt elections, set fire to two vehicles in Maharajganj and Naikap
Kathmandu. Two vehicles were set on fire in Maharajgunj and Naikap in Kathmandu. A Toyota car bearing the number BAA 2836 was found near the office of Sipradi Trading in Naikap and a Maruti van bearing the number Ba 7 Ch 1401 was found on fire in...
Two DIGs of Nepal Police have been transferred, Arun Paudel in charge
Kathmandu. The Ministry of Home Affairs has transferred two Deputy Inspector Generals of Nepal Police to DIG. The ministry made a ministerial decision on June 19 and changed the responsibilities of two high-ranking officers of the district police...
Prohibition issued again in Gaur
Rautahat The district administration office has again issued a prohibition order within Gaur Nagar area. According to Section 69A of the Local Administration Act, 2028, a prohibition order has been issued again from 8:30 am today in Gaur Municipal...
Indian citizen escaped after hitting the police
Look around. An Indian citizen, who was driving under the influence of alcohol, hit the police during a traffic check and ran away. The incident took place in front of the traffic police office near Rapti bridge in Hetauda sub-metropolitan area. W...