Nepal Police Investigates Deepak Bhatt, Freezes Shares of 56 Investors

Summary

Nepal Police's Central Investigation Bureau is investigating Deepak Bhatt and has frozen shares of 56 investors and company officials pending inquiry under the Securities Act.

Key Points
  • Nepal Police's Central Investigation Bureau has initiated an investigation against Deepak Bhatt.
  • Shares of 56 investors and senior officials in various companies have been frozen during the investigation period.
  • The investigation is related to offenses under the Securities Act, 2063.
  • Companies involved include Himalayan Reinsurance, Nepal Micro Insurance, Himalayan Security Banker, Capserv Ltd., and others.
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