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CIB arrests 13 staffs of NCC bank for financial irregularities

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KATHMANDU — Central Investigation Bureau (CIB) of Nepal Police has raided Nepal Credit and Commerce (NCC) Bank on Friday and arrested 13 staffers including the board members for their alleged involvement in financial irregularities.

CIB has arrested NCC’s board members Bishnu Rijal, Dittha Bahadur Tamang and Durga Dutta Joshi among other 10 people for misappropriating Rs 1.56 billion, according to CIB Chief DIGP Pushkar Karki.

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They were arrested for further investigation after Nepal Rastra Bank complained about financial embezzlement,according to sources.

Concluding that around Rs 2 billion was embezzled, Nepal Rastra Bank asked the Bureau to look into the case. The Central Bank has accused the NCC Bank’s board members of disbursing loans by exceeding the value of collateral.

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At least 5 killed in California wildfires

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LOS ANGELES — At least five people have been found dead in their burned-out vehicles when an explosive wildfire swept through the Northern California town of Paradise, sheriff’s officials said Friday.

The Butte County Sheriff’s Office said officials located five bodies inside a vehicle overcome by the Camp Fire.

The fire also injured three firefighters but the total casualty was not yet clear.

Evacuation orders included the entire city of Malibu, which is home to 13,000, among them some of Hollywood’s biggest stars.

The fire, which sparked Thursday, burnt 70,000 acres with 5 percent containment as of 10:30 am Friday local time, according to media reports.

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Only a day after it began, the fire near the town of Paradise had almost quadrupled in size to nearly 285 square kilometres.

Celebrity website TMZ reported the Malibu Ridge home of Caitlyn Jenner, America’s best-known transgender person, was destroyed by the flames on Friday.

Kim Kardashian, Alyssa Milano and Melissa Etheridge were among thousands fleeing from their homes in and around Malibu from a separate fire burning north of Los Angeles.

TMZ also reported the blaze had reached the grounds of the mansion in nearby Calabasas owned by Kardashian and husband rapper Kanye West.

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