Bhatta, Agrawal among 29 recommended for prosecution in Rs20 billion money laundering case

Investigators accuse prominent businessmen, including former FNCCI president Shekhar Golchha, of illegally diverting funds from listed companies, manipulating share prices and violating securities laws through coordinated stock market transactions.

Nepal’s Department of Money Laundering Investigation has recommended prosecuting 29 individuals, including businessmen Deepak Bhatta and Sulav Agrawal, on charges of money laundering linked to alleged illegal share transactions and the misuse of funds amounting to nearly Rs20 billion.