KATHMANDU, June 10: Prime Minister Sher Bahadur Deuba has directed authorities to arrest Ramdev Teli, a lender accused of charging exorbitant interest against personal loans he issued to individuals, and carry out investigations against him.
Police raid house of ‘loan shark’, seize documents
Prime Minister Deuba today ordered Home Minister Bal Krishna Khand to have Teli arrested and an investigation initiated against him, said Govinda Pariyar, the Press Chief to the Prime Minister.
PM Deuba's directive comes after the media carried news of Teli exploiting the indigent people by taking high interest against the loans he issued to them.