Businessman Deepak Bhatta under money laundering probe, barred from leaving Nepal
Summary
Businessman Deepak Bhatta has been barred from leaving Nepal as the Department of Money Laundering Investigation intensifies its probe into alleged financial crimes involving political figures and public contracts.
Key Points
- Deepak Bhatta has been blacklisted by the Department of Immigration to prevent international travel amid a money laundering probe.
- The investigation covers allegations of contract manipulation, financial irregularities, and illegal asset layering involving Bhatta and political figures.
- The probe has expanded to scrutinize former prime ministers Sher Bahadur Deuba, KP Sharma Oli, and Pushpa Kamal Dahal for possible involvement.
- Bhatta is accused of leveraging political connections to secure lucrative contracts and regulatory appointments, with multiple irregular financial transactions flagged by the Nepal Rastra Bank report.
