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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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Niramal Panta rape, murder case: Govt forms new probe committee under DIG Dhiru Basnet

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KATHMANDU — The government has formed a new nine-member probe committee under DIG Dhiru Basnyat to investigate the role of police officers involved in the probe of rape and murder of 13-year-old Nirmala Panta on Sunday.

SSP Niraj Bahadur Shahi, SP Uttam Subedi and investigation expert police officers are in the team, according to Nepal Police Spokesperson Shailesh Thapa Chhetri.

The high powered probe committee was formed after the role and activities of the police officers involved in the investigation of rape and murder of Panta found suspicious.

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The Home Ministry on Saturday suspended five officials, including two DSPs, as per the report tabled by a high-level probe committee under joint secretary Hari Prasad Mainali.

Earlier, a committee was formed under Uttam Subedi to look into the case.

Nirmala of Kanchanpur was found dead in a sugarcane field close to her home on July 27. A forensic report showed that she was raped  then murdered.

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