Special Court grants seven-day custody of former finance minister Paudel (opens original article in a new tab)

The Special Court authorized the DoMLI to detain former finance minister Paudel for seven days over money laundering allegations involving undervalued share transactions.

• Special Court grants seven-day custody of former finance minister Paudel for money laundering investigation
• Paudel is accused of facilitating undervaluation of shares worth Rs300 million for Rs37.5 million
• Investigation includes allegations of corruption linked to businessman Deepak Bhatta and possible asset concealment
• Paudel's legal team claims allegations are based on third-party statements and calls arrest politically motivated