header banner
ECONOMY

Industrialist Shekhar Golchha taken into custody again after brief release

Industrialist Shekhar Golchha has been re-arrested by the Central Investigation Bureau (CIB) shortly after being released pursuant to a Supreme Court order.
alt=
By REPUBLICA

KATHMANDU, May 4: Industrialist Shekhar Golchha has been re-arrested by the Central Investigation Bureau (CIB) shortly after being released pursuant to a Supreme Court order.



According to authorities, Golchha was taken into custody again just minutes after his release. Police had obtained an arrest warrant earlier on Monday in anticipation of his possible release during the hearing of his habeas corpus petition. Acting on that warrant, CIB re-arrested him and resumed investigation related to insurance matters.


Related story

Shekhar Golchha elected senior vice-president


Golchha, former president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and chairman of Golchha Group, had initially been arrested on April 24 for further investigation based on a Securities Board of Nepal (SEBON) inquiry report.




Related Stories
SOCIETY

Court denies police request to extend judicial cus...

1675843274_shekhargolchha-1200x560_20230208160931.jpg
SOCIETY

Industrialist Shekhar Golchha arrested in securiti...

1757653220_Shekhar-1200x560-1776922213.webp
Business & Economy

SC orders release of Shekhar Golchha on bail

1757653220_Shekhar-1200x560-1776922213.webp
ECONOMY

Industrialist Diwakar Golchha passes away

Industrialist Diwakar Golchha passes away
SOCIETY

SC orders Shekhar Golchha to be produced before co...

1757653220_Shekhar-1200x560-1776922213.webp