Kathmadnu, April 22 -- The Kathmandu District Court has granted an additional seven-day remand of Sulav Agrawal and Deepak Bhatta, who are currently in police custody in a money laundering case.

A bench of Judge Tilak Bahadur Karki on Wednesday ordered the extension of their remand. Bhatta was arrested on April 2, and Agrawal on April 4, in connection with the case.

Agrawal is the chairman of Jagdamba Holdings under the Shankar Group, while Bhatta heads Infinity Holdings.

Both individuals are alleged to have been involved in suspicious activities, including manipulation of major public procurement contracts, securing licences for hydropower and banking and insurance companies, and influencing tax rates in annual budgets-often in collus...