Kathmandu. Rashmi Panta, Chief Business Officer of Prabhu Bank, has been arrested. Panta, who is absconding in a banking fraud case, has been arrested.
The Central Investigation Bureau (CIB) of Nepal Police arrested him from Tinkune of Kathmandu on Wednesday. Police said that Pant has been arrested for further investigation and the process of extending his remand will be intensified.
Pant has been accused of misappropriating a loan of Rs 480 million issued by the bank.
Rashmi, who became a corporate officer within five years of joining Prabhu Bank and chief operating officer within seven years, was accused of misappropriating loans to jeopardize people’s investment by making various settings in the bank.TAG_OPEN_div_12
The Patan High Court has ordered him to be sent to jail on the same charge.TAG_OPEN_div_10 Rashmi’s promotion was also very fast. In 10 years of joining the bank, she was promoted 11 times.
