KATHMANDU, Oct 28: Former CPN-UML lawmaker and businessman Devi Prasad Bhattachan has been arrested on charges of financial irregularities.
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Bhattachan, who also chairs the Prabhu Group, was taken into custody by a team from the Central Investigation Bureau (CIB) of Nepal Police on Tuesday from Lalitpur.
According to police sources, he was detained for investigation over alleged financial misconduct linked to the Prabhu Group.
A year ago, Prabhu Management Chairperson Kusum Lama had filed a complaint accusing Bhattachan of embezzling more than Rs 980 million. The case had remained pending at the Kathmandu District Police Office for a long time.
After local police offices initially refused to register the complaint, Lama had filed it through the Office of the Government Attorney. Although the case was forwarded to police for investigation on September 27, 2024, progress stalled as Bhattachan was then a sitting lawmaker from the ruling party and held significant political influence.
