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.
The court has ordered the immediate arrest of Rashmi Panta, the Chief Operating Officer of Prabhu Bank, known as Sundari Bank.
However, she was absconding. 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 put people’s investment at risk by manipulating various settings in the bank.
The Patan High Court has ordered him to be sent to jail for trial on the same charge.TAG_OPEN_div_8 Rashmi’s promotion was also very fast. In 10 years of joining the bank, she was promoted 11 times.
