KATHMANDU: Law enforcement authorities have detained 10 individuals, including the Deputy CEO of Prabhu Bank, Manoj Neupane, and the former CEO of Century Bank, Tulsi Ram Gautam, in connection with alleged banking irregularities.
The arrests were carried out in response to a directive from the Nepal Rastra Bank (NRB), which called for an investigation into suspected embezzlement related to loan disbursements, as stated by Hobindra Bogati, the spokesperson for the Central Investigation Bureau (CIB).
The NRB has pressed the police to take swift action against these individuals on charges of financial malpractice.
In addition to Neupane and...