Arrested higher officials of pharmaceuticals companies got released

Kathmandu March 6- District Administration Office (DAO), Kathmandu, has released arrested Lomus’ directors Prawal Jung Pandey and Prajwol Jung Pandey and Deurali-Janta’s General Manager Nil Raj Acharya and Manager Nigam Adhikari on Saturday night at 11 pm to be present at 8 am on Sunday for attendance. DAO on Friday raided warehouses of the two companies, sealing their distribution units and arresting senior officials, on charge of selling medicines at prices higher than the government-set Maximum Retail Prices (MRP).

Earlier,Pharmaceutical companies along with Nepalese Chambers of Commerce and Industry (FNCCI) have warned of shutting down their factories if the arrested officials of Lomus Pharmaceuticals and Deurali-Janta Pharmaceuticals Private Limited are not released immediately without any condition which had created immense pressure on police department.