Businessman Shekhar Golchha Arrested Over Insider Trading Allegations
Summary
Businessman and former FNCCI president Shekhar Golchha was arrested by CIB in Kathmandu over alleged insider trading of Himalayan Reinsurance shares, following SEBON's recommendation.
Key Points
- Businessman Shekhar Golchha was arrested by the Central Investigation Bureau in Kathmandu.
- Golchha is a former president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).
- He was arrested due to allegations of insider trading involving Himalayan Reinsurance Company shares.
- His arrest follows an investigation linked to businessman Deepak Bhatt, currently held for money laundering.
