According to the Central Investigation Bureau of the Police, he was arrested from Lalitpur.
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Businessman Deepak Bhatta, who was being investigated for money laundering, was arrested by Nepal Police on Thursday.
According to Shiva Kumar Shrestha, spokesperson of the Central Investigation Bureau of the police, he was arrested from the Naxal* area of Kathmandu.
Earlier, on Monday, the Immigration Department had blacklisted Bhatta and even prevented him from traveling abroad based on the department's letter. The department is investigating Bhatta and his affiliated companies and the assets under them.
Who is Deepak Bhatta?
According to government records, how Bhatta, who was born on 22 Magh 2037 in the former Bhadrapur VDC-2 (currently Ajaymeru Rural Municipality) of Dadeldhura, came close to power and authority is an interesting detail in itself. Bhatta, 44, who lives in Sanepa, Kathmandu, has been known as a favorite of power and authority for the last one and a half decades. Bhatta has been accused of influencing the ruling party, the opposition, the State Affairs Committee and the Public Accounts Committee of Parliament in the past.
It was the first week of July 2077. There was a dispute going on within the then NCP. But a non-political person was active in resolving this dispute. He was none other than Deepak Bhatta.
On July 3, an understanding was reached between the then NCP chairmen KP Sharma Oli and Pushpa Kamal Dahal. At that time, some leaders in the NCP had told Kantipur that Deepak had a role in resolving the dispute between the two chairmen. This shows the extent of Deepak's reach and influence. Deepak, who came to the capital from Dadeldhura via Kailali, is now the head of Infinity Holdings. It is alleged that Bhatta has been working in collusion with the government and power through this private company, acting as an agent of foreign companies including hydropower, weapons, helicopters and others. Interestingly, most of the employees working at Infinity Holdings appear to be agents of foreign companies. Deepak has been accused of playing the role of a middleman by promoting those employees. Deepak's company is also involved in travel agencies, hotels, real estate transactions, consultants, etc. He is also directly/indirectly involved in insurance, microfinance, etc. The government had initiated a detailed investigation into money laundering and blacklisted Yi Bhatt by the Immigration Department.
*Earlier, it has been corrected that he was arrested from the Patan area. - Editor
