Nepal's sole Forbes billionaire, Binod Chaudhary, is currently under scrutiny from law enforcement agencies, with the Central Investigation Bureau (CIB) of Nepal Police investigating his alleged involvement in the Bansbari Leather and Shoe Factory land controversy. On March 21, the Nepali Congress lawmaker provided his statement to the CIB in the presence of the representatives from the Kathmandu District Government Attorney's Office. The CIB had earlier detained Binod’s younger brother Arun for investigation into the case. Arun was released later on personal guarantee as per the court order. The CIB also summoned Binod’s another sibling, Basanta, for statement. The Chaudhary family has been accused of unlawfully converting 10 ropani (0.5 hectares) of public land, originally belonging to the Bansbari Leather and Shoe Factory, into private ownership. Binod has vehemently denounced the government's ‘politically motivated’ actions, dismissing them as mere theatrics. Addressing the media after providing his statement, Binod said that his character does not require attestation. The Chandbagh School, owned by the Chaudhary Group, now occupies the site where the state-owned Bansbari Leather and Shoe Factory once stood. The property was initially transferred to Chaudhary Group’s Champion Shoe Factory and subsequently to the CG Chandbagh School.