KATHMANDU: Kathmandu District Court has granted permission to extend the custody of accused individuals, including Deepak Bhatta and Sulav Agrawal, by seven more days in a money laundering case.
The order was issued by Judge Tilak Bahadur Karki following a hearing on the request filed by the Department of Money Laundering Investigation Nepal on Wednesday.
The court stated that further investigation is required as the case is in its final stage, including additional inquiries under the Insurance Act and Securities Act, preparation of a report, and filing of charges.
The extension has been granted effective from Wednesday under Section 17(4) of the Asset (Money) Laundering Prevention Act, 2008 (Nepal).
Senior advocates Krishna Prasad Sapkota, Sabita Bhandari Baral, Labh Kumar Mainali and Surendra Kumar Mahato appeared in the court during the hearing.
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