The Central
Investigation Bureau (CIB) has arrested former management officials and
borrower of NIDC Capital Market for embezzlement of deposit.
The CIB arrested
former chief executive Khum Bahadur Hira Singh Rana, loan manager Meena
Shrestha, loan access consultant Pramod Bahadur Thapa and the borrower Ratna
Kumar Gautam.
They have been arrested
from various places on different dates, the CIB said, adding that they have
misued their rights and floated loan on low quality collateral.
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