Of the four accused, Bhatt and Sulabh are currently in the custody of the Money Laundering Investigation Department. Sahil is absconding, while Shankarlal was arrested during the investigation and released on bail.
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Cases have been filed in three courts against businessmen Shankarlal Agrawal, Sulabh Agrawal, Sahil Agrawal and Deepak Bhatt on charges of banking offences.
The High Government Attorney's Office on Thursday filed a case against Shankar Group Chairman Shankarlal and Vice-Presidents Sulabh and Sahil and Infinity Holdings Chairman Bhatt, claiming that they have caused Rs 42 crore 14 lakh 88 thousand 807 in damages. They have been filed in the Kathmandu District Court, Kathmandu Special Court and Patan High Court, demanding fines and imprisonment along with the amount.
Special Court Registrar Ved Prasad Upreti said that a chargesheet has been filed against them. A case has been filed in the Kathmandu District Court against Deepak Bhatt, Sulabh Agrawal and others for offences against the Securities and Insurance Act. Former President of the Federation of Nepalese Chambers of Commerce and Industry Shekhar Golchha has also been made a defendant in this.
Among the accused, Deepak Bhatt and Sulabh are currently in the custody of the Money Laundering Investigation Department. Sahil is absconding, while Shankarlal was arrested during the investigation and released on bail. Golchha was released on a writ of habeas corpus by the Supreme Court.
The Special Public Prosecutor's Office has filed another case in the Special Court against the accused, including others, who were also charged in the High Court on Thursday, based on the investigation by the Money Laundering Investigation Department.
