Nepalgunj: Police have nabbed Pashupati Dayal Mishra in connection with the Karnali Development Bank embezzlement. The Central Investigation Bureau of the Nepal Police arrested Mishra from Dhamboji Chowk of Nepalgunj and brought him to the District Police Office, Banke, said CIB Superintendent of Police and Spokesperson, Yubraj Khadka.
According to National News Agency Nepal, Khadka added that Mishra was arrested for his involvement in the embezzlement at the Nepalgunj-based Karnali Development Bank. Mishra served as Chairperson of the Bank from 2066 BS to 2075 BS and is now a central committee member of the CPN (UML).
With this arrest, the number of people detained in connection to the fraud has reached three. Previously, the then finance head, Dev Prakash Singh Thakuri, and the founding chairperson of the Bank, Rajendra Bir Ray, were also arrested.
A case has been filed over the embezzlement of Rs 2.50 billion from the bank.