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
In 24 hours, the traffic police took action against 1 thousand 11 people
Kathmandu. In the last 24 hours, the traffic police has taken action against the drivers of 1,011 vehicles. Until Sunday morning, 111 drivers under the influence of alcohol, 85 through CCTV, and 101 under the influence of red lights were punished...
One hundred and seventy five drivers of "ride sharing" were punished
Kathmandu. 175 drivers involved in ride-sharing services have been arrested under a special 'checking' campaign conducted by the traffic police to control the increasing traffic pressure, disorderly driving and rule violations in Kathmandu Valley....
Home Secretary Shrestha confers insignia on Inspector General Paudel
Kathmandu. Home Secretary Rajkumar Shrestha has conferred the insignia on newly appointed Inspector General Narayan Dutt Paudel of the Armed Police Force Nepal. At a special program held today at the Ministry of Home Affairs, Secretary Shrestha pi...
One thousand 719 drivers in 24 hours in traffic action
Kathmandu. In the past twenty-four hours, 1,719 drivers who did not follow traffic rules have been arrested. According to the Kathmandu Valley Traffic Police Office, action was taken against 113 people who drove under the influence of alcohol, 35...
YouTuber arrested for insulting Prime Minister Shah
Kathmandu. A YouTuber has been arrested by the police for broadcasting unlimited and abusive content against Prime Minister Balendra Balen Shah.
Roshan Pokharel of Panchthar was arrested for making misleading and dehumanizing videos targetin...
A senior police officer inspected the security situation of the new parliament building
Kathmandu. AIG Ishwar Karki, chief of Kathmandu Valley Police Office Ranipokhari, has inspected the security situation of the federal parliament building under construction in Singha Darbar area. During the inspection, along with AIG Karki, senior...