Court order to release Arun Chaudhary on bail if investigation is not completed within 2 days

KATHMANDU – The Kathmandu District Court has extended the judicial remand of two days to three people arrested in the case of Bansbari leather and shoe factory land scam.However,the court has also ordered to release them on bail if the investigation is not completed within the extended period of time. Earlier, the court allowed them to be detained for four days.

The Central Investigation Bureau of Nepal Police arrested two people including the Chairman and Managing Director of CG Holdings Chaudhary involved in the land scam on Thursday.

Arun Kumar Chaudhary is accused of illegally converting 10 ropani public land of a government-owned shoe factory into private property.

Along with Arun Chaudhary, the CIB has also arrested Ajitnarayan Singh Thapa, the former executive chairman of the leather and footwear factory, and Sanjay Thakur, the director of the CG Chandbagh Residency and Champion Footwear Company established by the Chaudhary family on the said 10-ropani land.