KATHMANDU: Former chief executive officer of the Investment Board Nepal, Sushil Bhatta, has been arrested.
A team from the District Police Range, Kathmandu, took him into custody from Lalitpur on Saturday.
A senior police official confirmed that Bhatta was arrested for investigation into alleged offenses under the Nepal Rastra Bank Act. According to police, his arrest is linked to his business dealings and connections with Inam Sapkota.
Bhatta is currently being held at the District Police Range, Kathmandu, as further investigations into the matter continue.
