A bandh was observed today in Nepal's southeastern city of Biratnagar to protest the killing of a prominent Nepalese businessman who was found murdered in India after being kidnapped for ransom.

Gangabisan Rathi, a 69-year-old businessman from Nepal's Biratnagar, was abducted for ransom by Chandra Kumar Chudal, chief of Shiva Sena Nepal, and two other accomplices Surendra Kumar Mishra and Abhijit Basu from West Bengal.

Highly decomposed bodies of Rathi, who had gone missing since January 11, and Chudal were found yesterday in a gorge at Rung Tung near Sukna in the Kurseong sub-division, three weeks after the abduction.

Rathi had gone to Siliguri on January 10 with Chudal and had been missing from the next day.

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over the murder of Rathi, a Morang district chairman of Nepal-India Friendship Association.

In a press statement, the apex body of the business community condoled the death of Rathi.

The federation also called on the concerned authorities to take necessary steps to guarantee security of Nepali citizens in the border areas. It said that Nepali and Indian security forces need to increase cooperation to check increase in criminal activities along the porous Nepal-India border.

Businesses in Biratnagar closed down their shutters to protest businessman Rathi's murder today. The closure of the businesses was called by Morang Commerce Association.

According to Rathi's family members, they had paid Rs 5 million to the abductors for the release of Rathi against Rs 20 million asked by them.

They could not get Rathi alive despite paying the ransom amount, the family sources said.