Three jailed in Kumari Banking fraud case, CEO and deputy CEO clean cheated

Dec Sat 2021 07:29:50

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Three jailed in Kumari Banking fraud case, CEO and deputy CEO clean cheated

Kathmandu, In the 190 million case of Kumari Bank, the government prosecutor's office has instructed not to file banking malpractice case. The Central Police Investigation Bureau (CIB) had filed a banking malpractice case to find out who was involved in the issuance of Rs 190 million loan after the victim was not found.

Although the Public Prosecutor's Office submitted a report to the Kathmandu office after completing the investigation into the case, the District Public Prosecutor's Office had given more time to the police to investigate the banking case. However, on Wednesday, the 29th of November, the government prosecutor's office has instructed not to file a banking case.

The government prosecutor's office has instructed not to file a banking malpractice case, and it is now clear whether the loan was approved by the upper echelons or by compromise. The bank's chief executive officer, deputy chief executive officer and others were also investigated in this case. Anuj Mani Timilsina, the chief executive officer of Kumari Bank, and Manish Timilsena, the deputy CEO, have been acquitted in the case.

Singer Yogeshwor Amatya had lodged a complaint with the Central Investigation Bureau (CIB) on November 19 alleging that someone else had taken a loan by keeping his land. SK Maharjan and Muktinath Gautam, directors of Daniel Trading Private Limited, who were found guilty during the investigation, were arrested on November 19. Mortgage appraiser Rajeshwar Chaurasia was arrested on November 7 and later Sonu Thakur, an employee of Kumari Bank's Bara branch was arrested.