Dipendra Babu Bista’s statement on Rs 48 crore loan case: ‘Even though I have my signature, the process has proceeded according to the credit chain’

Kathmandu. Dipendra Babu Bista of Prabhu Bank has given statement in connection with the Rs 480 million loan case issued by the bank in the name of Asian Village Resort Pvt Ltd. According to Bista, although he had his signature on the loan evaluation prepared for the loan, the loan file was forwarded only after review and recommendation of various levels.

According to the statement given by him, Bista had signed the loan note prepared by Prabhu Bank on December 19, 2081 for a periodic loan of Rs 480 million in the name of Asian Village Resort Pvt. Ltd.

The CIB has also taken statements of six other bankers besides five bankers who have been booked in connection with the Rs 48 crore fraud case. Dipendra Babu Bista, who works in the marketing department of the bank, along with 6 other bankers, have also given statements in the scam case of Prabhu Bank.

The charge sheet along with their statements has already been registered at the Patan High Court. Dipendra Babu Bista’s statement to the police is as follows:

Prabhu Bank’s manager Yogesh Poudyal said, “I was not in the credit chain, I was not aware of the loan flow.

Ramesh Thapa’s statement on Prabhu Bank’s Rs 48 crore fraud case: ‘I was not aware of loan disbursement’

Prabhu Bank’s Chief Manager Sunil Rana says he is not involved in credit chain

Angel Sharma, who works in the credit risk department of Prabhu Bank, also gave a statement, ‘I am not involved’

Prabhu Bank’s assistant manager Shailendra Dangol also gave a statement, ‘Action should be taken against those who misuse the loan’

Rajendra Shrestha, defendant in Prabhu Bank fraud case, says he signed his signature after receiving instructions over phone

Prabhu Bank’s branch manager Santosh Gyawali said, “The loan approval process is done from the top level.”

Prabhu Bank Rs 48 crore fraud case: Prabhu Bank’s Chief Business Officer Rashmi Pant gives statement to the police

Prabhu Bank Rs 48 crore scam: Apart from the defendant, six bankers, including Dipendra Bista, have also given statements to the CIB.

Details of the event can be found on the Banking World Case Study page .

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