CIB arrests Guna Group chair Rajendra Shakya amid ongoing Prabhu Bank probe
Summary
The Central Investigation Bureau of Nepal Police arrested Guna Group chairman Rajendra Shakya amid a probe into Prabhu Bank's CEO Ashok Sherchan and financial irregularities linked to Prabhu Management.
Key Points
- The Central Investigation Bureau (CIB) arrested Guna Group chairman Rajendra Shakya amid the Prabhu Bank investigation.
- The probe is linked to financial irregularities involving Prabhu Bank CEO Ashok Sherchan and others.
- A case against Prabhu Management leaders accuses them of defrauding cooperatives by not reimbursing payments.
- Guna Group has diverse investments including real estate and cinema halls; details of Shakya's alleged role remain undisclosed.
