Himal Press 
KATHMANDU: The Department of Money Laundering Investigation (DMLI) has filed a money laundering case against hydropower entrepreneur Gyanendra Lal Pradhan, accusing him of insider trading in the stock market.
The case was registered at the Kathmandu District Court on Friday through the District Government Attorney’s Office, Kathmandu. Prosecutors have in the charge sheet that Pradhan illegally amassed Rs 26 million by misusing inside information during share trading of Nepal Hydro Developers Limited (NHDL).
According to the charge sheet, Pradhan and his family members made a profit of Rs 263.3 million by trading shares in the company.
He is the second high-profile figure to face insider trading charges. Guru Prasad Neupane of Ridi Power Company was earlier convicted of insider trading by the Special Court.
