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KIST bank ex-CEO Gyanwali arrested

Gorkha Post

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KATHMANDU — Nepal police have arrested a CEO of then KIST Bank, Kamal Gyanwali on Friday morning.

Gyanwali was arrested from Mahendranagar and he will be presented to the court at 10:00 am, according to Metropolitan Crime Division.

The Patan appellate court, on September 20, 2016, had sentenced Gyanwali for four-year jail term and 40.5 million charges for banking fraud. Since then he was at large.

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The Nepal Rastra Bank (NRB) had found that Kamal, who was a shareholder at Siddartha Development Bank, used his personal influence while taking out the loan on his wife Gauri Khanal Gyanwali’s name keeping an undervalued land as collateral.

As per an investigation Mrs Gyanwali caused Siddartha Development Bank to suffer losses while taking a loan of Rs 130 million.

Then Gauri was detained by the police in connection to a banking fraud charges on June 5, 2013.

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Bijaya Dashami today

Pratigya Waiju

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KATHMANDU- Today, Hindus across the country are observing Bijaya Dashami today.

The 10th day of Bada Dashain is celebrated all over the country with great enthusiasm by receiving ‘tika’ and ‘jamara’ and blessings from elders.

Although the auspicious hour or the Mul Sait for receiving ‘Devi Prasad’ has been fixed at 9:51 am, the entire day after the immersion of the Goddess is auspicious for that purpose.

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The worship of Durga Bhawani at Dashainghars over nine days concludes formally on the day of Bijaya Dashami after the Abhishek or sprinkling of holy water takes place marking the beginning of tika.

People receive tika and jamara till the full moon day. Tika and jamara are considered the auspicious blessings of the goddess Nava Durga and they signify prosperity.

It is believed that one need not seek an auspicious hour if one undertakes any new assignment, campaign or journey on the auspicious day of Bijaya Dashami.

The Vijaya Dashami festival is celebrated in commemoration of the victory of truth over evil and the victory of divine forces over demonic forces.

 

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