Former Investment Board CEO Sushil Bhatta Arrested

Dragon Media News Desk

Police have arrested former Investment Board Nepal Chief Executive Officer Sushil Bhatta on suspicion of money laundering, according to Kantipur.

Senior Superintendent of Police Dilip Ghimire of the Kathmandu District Police Range confirmed the arrest and said an investigation had begun.

Kantipur reported that investigators were examining Bhatt’s communications with Inam Sapkota in connection with a broader inquiry involving former chief justice Cholendra Shumsher Rana and businessman Deepak Bhatta. Police officials suspect the conversations may have been related to efforts to secure Deepak Bhatt’s release. These are allegations under investigation; no finding of guilt has been reported.