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ECONOMY

Police arrest then Century Bank CEO Manoj Neupane

KATHMANDU, Feb 27: The police have arrested the Deputy Chief Executive Officer of Prabhu Bank.
By Tapendra Karki

KATHMANDU, Feb 27: The police have arrested the Deputy Chief Executive Officer of Prabhu Bank. 


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According to sources, a team from the Central Investigation Bureau (CIB) of Nepal Police arrested Neupane on Tuesday morning.


CIB sources said that  Neupane was arrested on the request of Nepal Rastra Bank for alleged misappropriation of loans while he was the Chief Executive Officer (CEO) of Century Commercial Bank before it merged with Prabhu Bank.

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