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October 19, 2013

Kist Bank Fraud

The Metropolitan Police Crime Division today arrested six people, including Rohit Lal Shrestha, 34, of Thamel, head teller at Thamel branch of KIST Bank Ltd., for defrauding the bank of NPR Eight million on August 26. Other arrestees are Laxman Adhikari, 26, of Gorkha, Prakash Nepali, 24, of Chitwan, Rameshwar Paudel, 26, of Nuwakot, Amrit Tamang Lama, 33, of Kavre and Krishna Sijwal, 44, of Pyuthan. The MPCD had constituted a probe team under SP Hari Bahadur Pal to look into the case after KIST Bank sought police’s help on the same day the incident occurred. 

According to SSP Bijaya Lal Kayastha, MPCD in-charge, Shrestha was the mastermind behind the fraud, hiring five people to execute it. Shrestha, who had been working at the KIST branch as head teller for three years, had hatched the plan to clear the debt he owed to various people and financial institutions. “As per Shrestha’s plan, Paudel made a call to the Thamel branch office asking for eight million rupees. He identified himself as Gyanendra Khadka, manager of the bank’s Kalanki branch, and informed that he was sending Nepali and Siljal there to collect the cash due to dearth of cash at the Thamel branch,” DSP Prajit KC said.

Police said they were investigating possible involvement of other bank staff in the loot. They have charged Shrestha and his accomplices with fraud.

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