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Nepal’s former finance minister arrested for money laundering, police say

Investigators say the remand will help them pursue a money-laundering case tied to a controversial businessman and alleged property amassing.

  • On Tuesday, Nepal's Special Court granted a seven-day remand for former Finance Minister Bishnu Prasad Paudel, allowing investigators to detain him in connection with alleged money laundering linked to a controversial businessman.
  • Police arrested Paudel on Monday at a hotel in Surkhet district during a CPN-UML event, with the Department of Money Laundering Investigation detaining him on charges of amassing property illegally.
  • Prime Minister Balendra Shah took office in March pledging to tackle corruption and hold accountable officials from the previous K.P. Sharma Oli-led government, of which Paudel was a key Finance Minister.
  • The Gen-Z movement toppled Oli's government last September following deadly anti-graft protests that killed at least 76 people and injured more than 2,500, setting the stage for the current crackdown.
  • Senior CPN-UML leaders scheduled a meeting to discuss the arrest, while investigators continue probing links to a controversial businessman already in custody under separate money laundering charges.
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Rajdhani Daily News broke the news on Monday, June 22, 2026.
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