SEBON Chairman Santosh Narayan Shrestha Resigns Amid Investigation Concerns
Summary
Santosh Narayan Shrestha, Chairman of SEBON, has resigned amid an investigation into a money laundering case involving businessman Deepak Bhatta.
Key Points
- Santosh Narayan Shrestha resigned as Chairman of the Securities Board of Nepal (SEBON).
- He announced his resignation during a SEBON board meeting on Friday.
- His resignation follows pressure linked to a money laundering investigation involving businessman Deepak Bhatta.
- The government requested Shrestha to step down to facilitate the ongoing inquiry.