Mrigendra Nath Rimal arrested
Summary
Mrigendra Nath Rimal, the legally suspended chief of Nepal Micro Insurance Company, was arrested in Kathmandu over alleged offenses under the Insurance Act and Securities Act.
Key Points
- Mrigendra Nath Rimal, chief of Nepal Micro Insurance Company, has been arrested.
- His arrest is related to offenses under the Insurance Act, 2022 and the Securities Act, 2007.
- Rimal was taken into custody by the Central Investigation Bureau (CIB) in Sifhal, Kathmandu.
- He had been absconding following complaints by Nepal Insurance Authority and Securities Board of Nepal (SEBON).
