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<p><span style="font-size:12pt"><span style="font-family:Cambria">A source at the bank informed New Business Age that the former CEO and other staff were dragged into the case due to the wrongdoing of the valuator and the debtor.</span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Surendra Shrestha, who took Rs 50 million loan from the bank by keeping forged documents of a land as collateral some four years ago is the main accused in the case. Shrestha was arrested one and a half months ago.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">According to CIB Spokesperson SP Bel Bahadur Pandey, others arrested in the case include the bank’s former CEO Ajaya Shrestha and staff Sushma Shah, Bikram Panta, Kiran Bohora, Richa Shrestha, Pushparaj Bhandari. However, Bhesraj Khatri, the bank official who evaluated the land, is still at large. The CIB said that they are searching for the accused.</span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Spokesperson Pandey said that they will file a case under banking offence after all the accused are nabbed. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">A source at the bank informed New Business Age that the former CEO and other staff were dragged into the case due to the wrongdoing of the valuator and the debtor.</span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Surendra Shrestha, who took Rs 50 million loan from the bank by keeping forged documents of a land as collateral some four years ago is the main accused in the case. Shrestha was arrested one and a half months ago.</span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Spokesperson Pandey said that they will file a case under banking offence after all the accused are nabbed. </span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Spokesperson Pandey said that they will file a case under banking offence after all the accused are nabbed. </span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Surendra Shrestha, who took Rs 50 million loan from the bank by keeping forged documents of a land as collateral some four years ago is the main accused in the case. Shrestha was arrested one and a half months ago.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">According to CIB Spokesperson SP Bel Bahadur Pandey, others arrested in the case include the bank’s former CEO Ajaya Shrestha and staff Sushma Shah, Bikram Panta, Kiran Bohora, Richa Shrestha, Pushparaj Bhandari. However, Bhesraj Khatri, the bank official who evaluated the land, is still at large. The CIB said that they are searching for the accused.</span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Spokesperson Pandey said that they will file a case under banking offence after all the accused are nabbed. </span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Surendra Shrestha, who took Rs 50 million loan from the bank by keeping forged documents of a land as collateral some four years ago is the main accused in the case. Shrestha was arrested one and a half months ago.</span></span></p>
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September 23: The Central Investigation Bureau of Nepal Police has arrested 11 people, including the former CEO of Bank of Kathmandu, on the charge of forgery. They have been accused of providing loan on the basis of forged documents.
Surendra Shrestha, who took Rs 50 million loan from the bank by keeping forged documents of a land as collateral some four years ago is the main accused in the case. Shrestha was arrested one and a half months ago.
According to CIB Spokesperson SP Bel Bahadur Pandey, others arrested in the case include the bank’s former CEO Ajaya Shrestha and staff Sushma Shah, Bikram Panta, Kiran Bohora, Richa Shrestha, Pushparaj Bhandari. However, Bhesraj Khatri, the bank official who evaluated the land, is still at large. The CIB said that they are searching for the accused.
The CIB has been interrogating the former CEO due to the fraudulent activity of the valuator.
Spokesperson Pandey said that they will file a case under banking offence after all the accused are nabbed.
A source at the bank informed New Business Age that the former CEO and other staff were dragged into the case due to the wrongdoing of the valuator and the debtor.
The bank itself had requested the CIB to investigate the case some two months ago after they found that the land documents were forged while trying to auction the land to recover the debt.
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'summary' => 'September 23: The Central Investigation Bureau of Nepal Police has arrested 11 people, including the former CEO of Bank of Kathmandu, on the charge of forgery. ',
'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria">September 23: The Central Investigation Bureau of Nepal Police has arrested 11 people, including the former CEO of Bank of Kathmandu, on the charge of forgery. They have been accused of providing loan on the basis of forged documents.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">Surendra Shrestha, who took Rs 50 million loan from the bank by keeping forged documents of a land as collateral some four years ago is the main accused in the case. Shrestha was arrested one and a half months ago.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">According to CIB Spokesperson SP Bel Bahadur Pandey, others arrested in the case include the bank’s former CEO Ajaya Shrestha and staff Sushma Shah, Bikram Panta, Kiran Bohora, Richa Shrestha, Pushparaj Bhandari. However, Bhesraj Khatri, the bank official who evaluated the land, is still at large. The CIB said that they are searching for the accused.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">The CIB has been interrogating the former CEO due to the fraudulent activity of the valuator. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">Spokesperson Pandey said that they will file a case under banking offence after all the accused are nabbed. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">A source at the bank informed New Business Age that the former CEO and other staff were dragged into the case due to the wrongdoing of the valuator and the debtor.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">The bank itself had requested the CIB to investigate the case some two months ago after they found that the land documents were forged while trying to auction the land to recover the debt.</span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:Cambria">Surendra Shrestha, who took Rs 50 million loan from the bank by keeping forged documents of a land as collateral some four years ago is the main accused in the case. Shrestha was arrested one and a half months ago.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">According to CIB Spokesperson SP Bel Bahadur Pandey, others arrested in the case include the bank’s former CEO Ajaya Shrestha and staff Sushma Shah, Bikram Panta, Kiran Bohora, Richa Shrestha, Pushparaj Bhandari. However, Bhesraj Khatri, the bank official who evaluated the land, is still at large. The CIB said that they are searching for the accused.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">The CIB has been interrogating the former CEO due to the fraudulent activity of the valuator. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">Spokesperson Pandey said that they will file a case under banking offence after all the accused are nabbed. </span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">A source at the bank informed New Business Age that the former CEO and other staff were dragged into the case due to the wrongdoing of the valuator and the debtor.</span></span></p>
<p><span style="font-size:12pt"><span style="font-family:Cambria">The bank itself had requested the CIB to investigate the case some two months ago after they found that the land documents were forged while trying to auction the land to recover the debt.</span></span></p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
