Kathmandu, April 2 -- Nepal Police on Thursday arrested businessman Deepak Bhatta in connection with a money laundering investigation.

According to the Central Investigation Bureau (CIB), Bhatta was detained from Lalitpur.

Earlier on Monday, the Department of Immigration had placed Bhatta on a watchlist, barring him from leaving the country following a request from the Department of Money Laundering Investigation (DMLI).

Authorities are investigating Bhatta, his affiliated companies, and assets under his control as part of a broader probe into alleged financial irregularities.

Bhatta, chairman of Infinity Holdings, has long been a controversial figure, with allegations of leveraging political and bureaucratic connections to secure luc...