Court Permits 7-Day Custody for Ex-Energy Minister Khadka Amid Money Laundering Probe
The Kathmandu court has authorized a 7-day detention of former Energy Minister Deepak Khadka for investigation in a money laundering case. Khadka was arrested by the Central Investigation Bureau (CIB) of Nepal Police on Sunday morning. The inquiry follows events related to the Gen-Z uprising, during which his residence was burned. This investigation could affect investor confidence in political and economic stability. While it has no immediate direct impact on NEPSE or bullion prices, the unfolding political tension deserves attention for potential market volatility.
- Ex-Energy Minister Khadka held 7 days for money laundering probe; political uncertainties may influence market sentiment.
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The Kathmandu court has authorized a 7-day detention of former Energy Minister Deepak Khadka for investigation in a money laundering case. Khadka was arrested by the Central Investigation Bureau (CIB) of Nepal Police on Sunday morning. The inquiry follows events related to the Gen-Z uprising, during which his residence was burned. This investigation could affect investor confidence in political and economic stability. While it has no immediate direct impact on NEPSE or bullion prices, the unfolding political tension deserves attention for potential market volatility.
Source:bizmandu.com
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