Sixth insurance-related case filed against Deepak Bhatta and 17 others
Kathmandu, Oct. 9 -- The Kathmandu District Government Attorney's Office filed a sixth case under the Insurance Act against Deepak Bhatta and 17 others at the Kathmandu District Court on Thursday.
Bhatta's group is already facing money laundering charges at the Special Court and other cases, including those under the Insurance Act, at the district court.
The latest charge sheet, filed on the basis of a letter from the Nepal Insurance Authority, names 18 defendants, including former authority chair Surya Prasad Silwal and former Federation of Nepalese Chambers of Commerce and Industry president Shekhar Golchha.
The charge sheet alleges that shares in Himalayan Re-Insurance were manipulated, the state suffered financial losses and money ...
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