Department of Money Laundering Investigation Raids Offices of Businessmen Deepak Bhatta and Sulav Agrawal

Kathmandu. The Department of Money Laundering Investigation has conducted raids on the offices of businessmen Deepak Bhatta and Sulav Agrawal. Investigation officers from the department raided Bhatta's office in Sanepa and Agrawal's office in Lazimpat.

Director General of the Department of Money Laundering Investigation, Gajendra Thakur, told RatoPati that documents necessary for the investigation have been seized from both offices. He stated, 'We have taken some documents into custody for the purpose of investigation.'

The department's team also seized documents from the office of Himalayan Re-Insurance. Both Bhatta and Agrawal, who were arrested in connection with money laundering offenses, are currently in the department's custody. Bhatta and Agrawal are among the major shareholders of the private sector insurance company, Himalayan Re.