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Prabhu Bank’s former chief business officer Panta and 4 others arrested in banking fraud case

Kathmandu. KATHMANDU: Four absconding defendants have been arrested in connection with the offence under the Banking Offences and Punishment Act, 2064 BS.

According to the Central Investigation Bureau (CIB), they were arrested on the basis of a letter from Nepal Rastra Bank (NRB) under the Banking Offences and Punishment Act.

The arrestees have been identified as Rashmi Panta, former chief business officer of Prabhu Bank, Santosh Gyawali and Rajendra Shrestha of Gulmi and Shishir Poudel of Rupandehi. Investigation into the case is underway, said Senior Superintendent of Police Anupam Shumsher JB Rana.

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