Nepal Rastriya Dainik
May 19, 2024 ,
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Court order to release Arun Chaudhary on bail if investigation is not completed within 2 days

Posted on by नेपाल राष्ट्रिय दैनिक

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.

Bansbari land embezzlement: Chaudhary vows to return land in case of law violation
CG Holdings Chairman Arun Chaudhary arrested on charges of embezzlement of government land

Bansbari land embezzlement: Chaudhary vows to return land in case of law violation

Posted on by नेपाल राष्ट्रिय दैनिक

KATHMANDU, Feb 3: Businessman Arun Chaudhary, who was arrested in connection with the embezzlement of land belonging to the Bansbari Leather and Shoes Factory, has vowed to return the land if the land acquisition is found to be illegal.

An investigation officer involved in recording the statement of detained businessperson Chaudhary made this revelation.

The statement is being recorded in the presence of the chief of the District Attorney Office, Kathmandu, Sandesh Shrestha, according to Superintendent of Police from the Central Bureau of Investigation, Nabaraj Adhikari.

Police had arrested Chaudhary; the then executive chair of Bansbari Shoe Factory, Ajit Narayan Singh Thapa; and proprietor of Champion Footwear Pvt and CG Chandbag Residency, Sanjay Thakur, in the same case.

SSP Dinesh Raj Acharya of the CIB, said, “The arrest was made after a long investigation. So, it is not a hasty action.”

(RSS)

CG Holdings Chairman Arun Chaudhary arrested on charges of embezzlement of government land

Posted on by नेपाल राष्ट्रिय दैनिक

Kathmandu – Managing Director of CG Holdings, Arun Chaudhary, has been arrested by the police from Lazimpat on Thursday afternoon.

He is the brother of Nepal’s only billionaire, Vinod Chaudhary, who is also a member of the federal parliament. Arun Chaudhary is accused of illegally converting 10 acres of public land of Bansbari leather and shoe factory into private property.

Chaudhary was arrested by the CIB on Thursday and brought to the Kathmandu District Court for permission to keep him in custody. According to Chandra Prasad Panthi, Information Officer of Kathmandu District Court, the bench of District Court Judge Madhav Prasad Ghimire has extended the deadline to keep Chaudhary in custody for four days.

The police also arrested Ajit Narayan Singh Thapa on the charge of misappropriating the land of Bansbari leather shoe company. Thapa was the then chairman of leather shoe company.

The Bansbari Leather and Shoe Factory was established in the 1960s as a state-owned enterprise with the support of the Chinese government. However, later the public company sold the factory to a private company saying that it was incurring regular losses.