Kathmandu. The government has been increasing the arrest of industrialists in recent times. Since the third week of March, the government has arrested more than half a dozen businessmen.

According to sources, the government has put about 1 dozen businessmen on the radar of arrest. According to sources, the administration is keeping a close watch on construction entrepreneurs, remittance businessmen, bankers, and entrepreneurs in the automobile sector.

After the government arrested businessman Deepak Bhatta on April 19, Finance Minister Dr. When the media persons met Swarnim Wagle, he said that the government was friendly to the private sector and would not arrest the businessmen. In some meetings, he said that although the government was preparing to arrest one and a half dozen businessmen including Bhatta and bring them under the purview of investigation, he would call them and take statements saying that the business environment would deteriorate. Minister Wagle had said this during a meeting with former president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Shekhar Golchha. However, the Finance Minister has said that on the one hand, the work of the Home Administration has been done on the other. As a result, one and a half dozen businessmen are likely to be investigated.

Sources claim that some entrepreneurs have left Nepal after the administration started arresting them even though the private sector had been demanding to adopt a policy of listening first and locking them down. According to sources, those who left Nepal are also associated with Himalayan Reinsurance. Ashish Shrestha, chairman of Nepal Micro Insurance, was arrested on Tuesday.

According to sources, the administration is closely monitoring about 1 dozen businessmen after completing the court process. At present, the government is arresting and investigating securities related offences, offences related to the Insurance Act, money laundering and electronic transactions act.

The government arrested businessman Deepak Bhatta on April 3, 2082. A team from the Central Investigation Bureau (CIB) of Nepal Police arrested him. He was arrested by the bureau on the basis of an investigation conducted by the Money Laundering Investigation Department.

Bhatta is also being investigated in insurance, securities, money laundering and banking frauds. Soon after Bhatta’s arrest, the bureau also arrested Shankar Agrawal, the proprietor of Shankar Group, on the charge of money laundering. Agrawal was investigated by the Department of Money Laundering Investigation.

Agrawal’s assets, transactions and financial activities were found suspicious. Similarly, the bureau has arrested Sulav Agrawal, proprietor of Shankar Group, on April 5, 2082 on the charge of money laundering.

Agarwal was arrested by the CBI in connection with a suspicious financial transaction between Shankar Group and Infinity Holdings. Agrawal, who is also the chairman of Jagdamba Holdings under the Shankar Group, has been arrested by the Department of Money Laundering.

Nepal Rastra Bank (NRB) has sent a letter to the Department of Investigation into the financial transactions between Shankar Group and Infinity Holdings 2.5 years ago.

The bureau then arrested Shekhar Golchha, the founder chairman of Himalayan Reinsurance Company, on April 23.

Golchha was arrested based on the preliminary investigation report of the Securities Board of Nepal (SEBON).

According to the Bureau, the founding chairman of Himalayan Reinsurance Golchha was arrested for further investigation and action as per Sections 94, 95 and 96 (1) and Section 98 of the Securities Act, 2063.

The Central Investigation Bureau (CIB) of Nepal Police on Tuesday arrested Ashish Shrestha, chairman of Nepal Micro Insurance. He was arrested under the Insurance Act, 2079.

He was arrested under the Insurance Act, 2079. According to a letter dated April 22 from the Nepal Insurance Authority, Kupandole, Lalitpur, the details were received in the emergency on-site inspection report along with conclusions and suggestions for investigation. Bhatt and Agarwal are also being investigated in the same case.

The bureau has arrested construction entrepreneur Bikram Pandey on April 24. Pandey, who is also a leader of Rastriya Prajatantra Party, was arrested by the bureau. It is alleged that the e-bidding website was hacked during the awarding of the contract. He is the proprietor of Kalika Construction Construction Company.

They were arrested on the charge of tampering with the details of various contracts by providing unauthorized access to the system of the Public Procurement Monitoring Office. Along with Pandey, the CIB has also arrested Tanka Kumar Shrestha, the proprietor of Bhishan Construction, on the same charge.

A case was registered against them at the Cyber Bureau Bhotahiti on the basis of a complaint filed against them under the Electronic Transaction Act, 2063 BS on the basis of a complaint filed against them for altering the documents of the financial proposal of the contract of the Public Procurement Monitoring Office.

In the same crime, nine suspects have been arrested and investigation is underway under the Prevention of Organized Crime Act, 2070. The bureau has arrested two more persons on April 26 for hacking the e-Government Procurement (e-GP) system of the Public Procurement Office (PPMO).

The bureau has arrested Swodesh Pokharel and Prakash Dhungana of Nuwakot. Pokharel is the accountant of INCON Pvt Ltd and Dhungana is the proprietor of Kalpavriksha Builders Pvt Ltd.

According to sources, the government is preparing to open the file related to the Bal Mandir land scam. If the file is opened, the business houses including Vishal Group will be investigated.

Others have also been dragged into the case after the government started investigating Bhatta.

Nepal Rastra Bank (NRB) has sent a letter to the Department of Investigation into the financial transactions between Shankar Group and Infinity Holdings 2.5 years ago.

The department had taken a preliminary statement from Bhatta in Poush 2079. His research has been affected due to the pressure and influence of Bhatta at that time. At that time, he was not prosecuted by a general investigation.

The old file was opened after the formation of the government under the leadership of senior leader Balendra Shah (Balen) following the election held on March 4. As soon as the government opened the file, the businessmen started arresting them.