Siddhartha Dev Bank boss arrested

Sun, Jun 30, 2013 12:00 AM on Others,

KATHMANDU, JUN 30 -

The Police on Saturday arrested Siddhartha Development Bank Chairman Shekhar Aryal for insider lending and over-valuating the collateral put by Jamko Publications.

Central Investigation Bureau of Nepal Police have already arrested Madhusudan Silwal, former director of Siddhartha; Gauri Khanal Gywali, wife of former Kist Bank Managing Director, and Jamko proprietor Kishor Dhakal in the same case.

Source: The Kathmandu Post