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Private sector slams police raid, warns of worsening investment climate - Peoples' Review

Summary by People's Review
Kathmandu, Aug. 4: Nepal’s private sector has criticised the police raid on the residence of industrialist Benigopal Mundada in Biratnagar, saying heavy-handed investigations without evidence are damaging investor confidence and accelerating capital flight. The criticism comes even as Prime Minister Balendra Shah and Finance Minister Dr. Swarnim Wagle continue separate consultations with business leaders to encourage private investment. A large …
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People's Review broke the news on Tuesday, August 4, 2026.
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