Kathmandu: Businessman Deepak Bhatt has been placed on the immigration blacklist as authorities intensify an investigation into alleged money laundering.
According to sources, Bhatt was added to the blacklist on Tuesday following the launch of a detailed probe by the Department of Money Laundering Investigation. As a result, his passport is expected to be restricted.
The move was taken by immigration authorities based on a formal request from the body, which has been examining suspicious financial transactions linked to Bhatt.
Bhatt, who heads Infinity Holdings, has long faced allegations of leveraging political connections to influence decisions in his favour.
He had first come under scrutiny in 2022 after suspicious transactions were detected, and the department had recorded his initial statement at the time. However, the investigation was later halted.
The probe has now resumed with renewed momentum following the formation of a new government led by Balen Shah, which is said to be pushing forward anti-money laundering efforts more aggressively.
Alongside Bhatt, investigations into assets and financial dealings of several prominent political figures—including KP Sharma Oli, Sher Bahadur Deuba, Pushpa Kamal Dahal, and Madhav Kumar Nepal—as well as their close associates, have also been accelerated under the current administration.
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