Nepse Insider Trading Allegations Surface Against Deepak Bhatt Amid Asset Laundering Probe

The Securities Board of Nepal (SEBON) has prepared a report accusing businessman Deepak Bhatt of insider trading linked to shares bought under his name during an ongoing asset laundering investigation. The board launched this inquiry following a letter from the Asset Laundering Investigation Department. Their report concludes that shares were traded with ill intent, constituting insider trading, and has forwarded their findings to the relevant department for action. Insider trading means trading stocks based on confidential information not available to the public, which is illegal and impacts market fairness. Investors should be cautious as such practices undermine market integrity and can increase volatility in stock prices.

• SEBON confirms insider trading by Deepak Bhatt amidst asset laundering probe, raising red flags for investor caution.