Court cases have been filed against Deepak Bhatta, Sulav Agrawal, Shekhar Golchha, and others who were under investigation by the Department of Money Laundering Investigation and the Central Investigation Bureau (CIB).
Separate cases involving Bhatta have been filed in the Kathmandu District Court, the Patan High Court, and the Special Court. Two separate charge sheets have been filed in the Kathmandu District Court alone.
A case has been filed against 42 individuals, including Golchha, Bhatta, and Agrawal, for financial irregularities under the Insurance Act, 2022.
Former chairpersons of the Nepal Insurance Authority, Sharad Ojha and Madan Dahal, have also been charged in the case. The prosecution has sought separate claim amounts from the defendants.
Ten individuals, including Shekhar Golchha of Himalayan Reinsurance Limited, face claims totaling Rs 2.73 billion.
Nepal Micro Insurance Company Chairman Ashish Shrestha and eight others face claims of Rs 161.75 million.
Sandip Chachan Agrawal, Sudha Karn, Rajeev Thakur, and Sulav Agrawal of Bhrikuti Stock Broking Company face claims totaling Rs 3.74 billion.
Deepak Bhatta faces a separate claim of Rs 2.89 billion.
Furthermore, a separate case involving 81 defendants has been filed in the district court for offenses under the Securities Act, 2006.
The Department of Money Laundering Investigation has filed another case against Bhatta, Agrawal, Golchha at the Special Court.
The department has named 39 individuals and entities as defendants, including Bhatta. Out of the 39 defendants, 34 are individuals and 5 are companies.
Bhatta faces a claim of Rs 26.63 billion in the case, while the claim amount against Agrawal is set at Rs 25.59 billion. Golchha faces a claim of Rs 525 million.
Meanwhile, a case has been filed against Bhatta, Sahil Agrawal, Sulav Agrawal, and Shanker Lal Agrawal in the Patan High Court for banking offenses, with a claim of Rs 421.49 million.
