Nepal’s biggest money laundering case worth over Rs 115 billion reaches Special Court
Summary
Nepal's largest money laundering case involving over Rs 115 billion has been filed at the Special Court, targeting 39 individuals and companies linked to illicit financial activities across multiple sectors.
Key Points
- Nepal’s biggest money laundering case worth over Rs 115 billion has been registered at the Special Court.
- The case involves 39 individuals and multiple companies accused of financial misappropriation in securities, insurance, and banking.
- Deepak Bhatta is the primary accused with Rs 26.63 billion claimed against him and is currently in police custody.
- Former regulators including ex-chairpersons of Nepal Insurance Authority are also implicated, with claims exceeding Rs 3.5 billion.
