Shanker Group director arrested in money laundering probe

KATHMANDU: Sulabh Agrawal, director of Shanker Group, has been taken into custody over allegations of money laundering.

According to Gajendra Thakur, Director General of the Money Laundering Investigation Department, Agrawal was detained for questioning as the department intensifies its investigation.

The police confirmed that the arrest took place late Friday night.

Earlier on Friday, Shanker Group chair Shankarlal Agrawal was also arrested.

The department ramped up investigations into other associates following the detention of businessman Deepak Bhatta.