Saptakoshi Development Bank urges media houses to do responsible media coverage about its alleged bank fraud; reiterates its commitment not to spare anyone involved in wrongdoing

Saptakoshi Development Bank has issued a media statement showing its concern towards the recent media coverages about its alleged bank fraud.

The bank reiterated that the proper investigation is still going on about the possible misappropriation of the fund parked in its parking account of its remittance service and has expressed its commitment to take punitive action against everybody involved with this case.

Nevertheless, the bank has asked the media houses not to cover baseless news on the issue that is still under investigation which would tarnish the image of the development bank which has its presence in 7 districts of the province I with 35 branches, as per the media statement.