CIB arrest Jagdamba group chair Shankar Agrawal
Summary
The Central Investigation Bureau arrested Jagdamba Group chairperson Shankar Agrawal in Kathmandu on charges of money laundering linked to suspicious financial transactions involving Deepak Bhatt.
Key Points
- Central Investigation Bureau arrested Jagdamba Group chairperson Shankar Agrawal on money laundering charges.
- Home Minister Sudan Gurung indicated that eight people had been arrested in related investigations.
- Agrawal's financial dealings with controversial businessman Deepak Bhatt attracted police attention.
- The Money Laundering Investigation Department is probing Rs 450 million transferred from Jagdamba Steel to Bhatt's bank account.
