Businessman Deepak Bhatta arrested on money laundering charges following immigration blacklist
Summary
Businessman Deepak Bhatta was arrested from Lalitpur on money laundering charges following his placement on an immigration blacklist amid investigations into massive financial irregularities and political influence.
Key Points
- Businessman Deepak Bhatta was arrested on April 2, 2026, from the Patan area of Lalitpur by Nepal Police.
- His arrest follows a full-scale criminal probe by the Department of Money Laundering Investigation after a preliminary inquiry.
- Suspicious financial transactions, including a Rs 450 million transfer from Jagdamba Steel to Bhatta’s personal bank account, are central to the case.
- Bhatta is also investigated for his alleged political influence in government appointments and controversial licensing decisions.
