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Three including founding chair of Karnali bank in judicial custody

The Tulsipur Nepalgunj bench of the High Court has remanded three people including the founding chairman Karnali Bikas Bank scam case into judicial custody.

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It also admits accusations that have not yet been investigated. Thus, it is again on its own against conditions – including a ban on contact with the board.

·Munich, Germany
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Nepalgunj. The Tulsipur Nepalgunj High Court bench has ordered the remand of three people, including the founding chairman of the bank, in the scam case involving the Karnali Bikas Bank, which has its central office in Nepalgunj. The Tulsipur Nepalgunj High Court bench has ordered the release of former Rastra Bank employee Bhuwan Basnet on a bail of two hundred thousand rupees, the court said. “He has been sent to detention immediately as he has…

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risingnepaldaily.com broke the news in on Thursday, August 7, 2025.
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