While registering a case in the special court against Bhatta and Bishnu Poudel, the department has stated that it is also investigating the payments made to the company in which Deuba has invested.
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The Money Laundering Investigation Department has said that it is continuing its investigation into the payments made by businessman Deepak Bhatta to the company of former Prime Minister Sher Bahadur Deuba's son Jaybir Deuba.
While registering a case against Bhatta and Bishnu Poudel in the special court, the department is also investigating the payments made to the company in which Deuba has invested.
The charge sheet filed in the court states that Rs 26 million was paid to Scholar International Pvt. Ltd. and Digi Hut Pvt. Ltd., in which Deuba has invested. "Since it appears that the defendant Deepak Bhatta may have paid the proceeds of the crime, the investigation will be continued in accordance with the law," the charge sheet states.
The charge sheet also states that the investigation will be continued into the matter of Bishnu Poudel, who is also a UML leader, committing the crime of tax exemption under the Economic Act, 2082, which was issued after he became the Finance Minister, benefiting only one taxpayer.
The Money Laundering Investigation Department had filed a case in the special court on Thursday, making 16 people, including Bhatt, 6 individuals and 10 companies, defendants.
The charge sheet submitted by the Money Laundering Investigation Department in the court has demanded a fine of Rs 209 million against UML leader Poudel. The department has also demanded the confiscation of Rs 634,000 in his bank account.
It is claimed that Poudel, while he was the Finance Minister, misused his position and influence to facilitate the sale of 20 percent shares (375,000 shares) of Shriram Tobacco Industries to Bhatt's company at the rate of Rs 100 per share. The book value of the shares was Rs 816.71 per share.
The charge sheet also states that Poudel facilitated the investigation being conducted by the Revenue Investigation Department against Shriram Tobacco, assisted in determining the quota for betel nut imports, and played a role in obtaining a license for Himalayan Re-Insurance. The department has also demanded additional punishment for Poudel because he is a former finance minister.
