NRB directs BFIs to cover cost of investigating financial fraud

The Nepal Rastra Bank has directed Bank and Financial Institutions (BFIs) to cover reasonable expenses of Central Investigation Bureau incurred during investigation pertaining to cases relating to the financial frauds. As per the direction the concerned BFIs must compensate the cost of expenses related to investigation and arrest of the accused including the domestic and international travel cost. Furthermore, the directive notes that the BFIs are liable for other reasonable cost incurred during the course of investigation. Please click Here for the NRB Directive