Former Karnali Development Bank CEO arrested over embezzlement charges
kathmandupost.com · Sun Jun 01 05:06:07 GMT 2025

CIB detains Rajendra Bir Raya on charge of misappropriating over Rs2.5 billion.
Rajendra Bir Raya, founding chairman and former chief executive officer of Karnali Development Bank, has been arrested on charges of embezzling over Rs2.5 billion from the bank.
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