Much ado about Mundada: Five-hour raid ends in nothing but empty hands

A police operation at industrialist Prakash Mundada’s property uncovers nothing, with business leaders warning of damage to investor confidence.

A five-hour police raid of the residence and office of prominent Biratnagar industrialist Prakash Mundada on Monday ended without any seizure, drawing sharp criticism from the business community and raising questions about the credibility of the intelligence that prompted the operation.