30 April 2020, Kathmandu
The Kathmandu District Court has ordered the release of the business conglomerate Shanker Group’s owner Sulav Agarwal on bail of Rs 2.55 million.
However, as shared by DSP Hobindra Bogati, the spokesperson of the Metropolitan Police Range in Kathmandu, police arrested Agarwal immediately after the release to investigate into a money-laundering charge.
Now, police will hand him over to the Department of Money Laundering Investigation.
Agarwal was arrested on April 7 on the charge of black marketing. The court had extended his remand multiple times.
He was accused of trying to sell the thermal guns at a rate three times its price in the wake of its high demand due to the coronavirus fears. In addition, the investigators had also claimed that he used a diplomatic mission’s vehicle in his illegal activities.
