Saturday, June 29, 2013

CIB arrests Siddhartha Development Bank chairman

The Central Investigation Bureau of Nepal Police today arrested Siddhartha Development Bank chairman Shekhar Aryal for insider lending and over valuating the collateral of Jamko Publications.
The CIB has already arrested former director of the development bank Madhusudan Silwal and Jamko proprietor Kishor Dhakal and partner Gauri Khanal Gywali.
The CIB is also investigating on Siddhartha Development Bank’s former chief executive Deependra Karki, the sources informed. 

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