Kathmandu. CITI Bank of America has mistakenly sent 900 million US dollars or 105 billion Nepali rupees to the public account.
The bank was to send ब्याज 8 million (Rs. 930 million) in interest to the accounts of the lenders. However, the bank mistakenly sent a total of मिल 900 million (Rs. 105 billion) to the account of Revlon's creditors.
According to a CNN report, some lenders returned the amount that was misappropriated and others did not. Last August, Citibank filed a lawsuit claiming that it should get its money back. However, the bank has yet to recover डलर 500 million from 10 investment advisory firms.
A US district court has ruled that Citibank cannot recover nearly ५० 500 million in fraudulent transactions.