KATHMANDU: The Cyber Bureau of Nepal Police has arrested Dinesh Dangol, head of the Corporate and Project Finance Department at Prabhu Bank, on charges of banking-related offences.
Dangol was taken into custody after investigators uncovered additional evidence while probing another accused, Ashok Sherchan.
Preliminary findings indicate that Dangol allegedly violated directives issued by Nepal Rastra Bank and existing laws, and misused credit in loan disbursements, including those linked to Prabhu Management Pvt. Ltd.
According to Shiva Kumar Shrestha, information officer at the bureau, further investigation is underway with approval from the District Court Kathmandu.
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