Industrialist Roop Jyoti released from police custody

KATHMANDU: Former state minister of finance and renowned industrialist Roop Jyoti has been released from Metropolitan Police Circle, Durbarmarg, this afternoon.

Police released industrialist Jyoti after receiving information from the District Government Attorney’s Office for the same, informed Senior Superintendent of Police (SSP) Shyam Gyawali.

Earlier, a case was filed by Bijendra Krishna Malla against Jyoti Group. Malla had complained that he paid Rs 27.6 million in instalments since September 2014 for a house at Bansbari, Budanilkantha, to Landmark Developers, in which the Jyoti Group has a stake, but he still has to get possession of the house.

Police had arrested Jyoti on the charge of housing fraud on November 7 on an arrest warrant issued in December last year. Jyoti had immediately filed a writ against the arrest warrant and taken stay order from the court. However, a double bench of Chief Justice Cholendra SJB Rana and Justice Prakash Dhungana had vacated the stay order on Jyoti’s case on Tuesday, November 5.

The court had allowed police to investigate Jyoti by keeping him in custody for three days initially and then for another five days.