Chitwan reports more than 700 banking offense cases in eight months

CHITWAN: The District Police Office in Chitwan has received reports of 753 banking offenses since the beginning of the current fiscal year.

According to Ram Karki, Senior Sub-Inspector at the Banking Offense Branch of the office, the office starting registering the bank offense case since November 2022 and it registered 165 such cases.

Karki informed that around 20 percent of the reported offenses involved mutual agreement among the parties.

He stated, “Approximately 20 percent of the cases involve mutual agreement among the parties. Some negotiations are ongoing.”

After receiving the complaints, the office plans to call the concerned individuals for further discussions in due course, said Senior Sub-Inspector Karki.

He added that once an agreement is reached, the complainants will receive their funds along with a settlement letter to ensure their security.

According to Karki, banking offenses reported at this branch range from Rs 50,000 to Rs 10 million.

He emphasized that unlike previous cases where financial transactions under Rs 900,000 did not require proof of economic business, the current regulations mandate such evidence for all transactions exceeding this limit.