Ram Janaki Health Foundation Chair Pandey arrested
Summary
Om Prasad Pandey, chair of Ram Janaki Health Foundation, was arrested by Nepal Police on charges of misappropriating bank loans through a fictitious company.
Key Points
- Om Prasad Pandey, chairperson of Ram Janaki Health Foundation, has been arrested by Nepal Police.
- Pandey is accused of repeatedly misappropriating bank loans by creating a fictitious business enterprise.
- He allegedly created a shell company named 'Institute of Agriculture, Forestry, and Veterinary Service Pvt. Ltd.' in Bardibas Municipality-6, Mahottari.
- An investigation has been initiated under the Banking Offense and Punishment Act, 2008.
