CEO of Nepal Investment Mega Bank Released from Custody Following Supreme Court Order

english.pardafas.com · 1 week ago

Jyoti Prakash Pandey, CEO of Nepal Investment Mega Bank, has been released from custody following a Supreme Court order. The court ruled his detention was not legally justified, leading to his release by police. Pandey was arrested in connection with an investigation into the auction of collateral property, with concerns raised about the legal grounds for his detention and potential impact on financial system confidence.