Nepal | June 19, 2019

Malaysian remit company alleges Himalayan Bank forged receipts

Himalayan News Service

Kathmandu, August 14

A Malaysian remit company, Max Money, has alleged that Himalayan Bank has claimed payments from the remittance company by forging payment receipts.

Organising a press meet here today, Abda Hamid, founder of Max Money, said that it has been transferring the remittance money to Nepal through Himalayan Bank since 2011 and the bank has claimed an additional Rs three billion from the remittance company between 2011 and 2016 forging the receipts of fund transfer.

“We are a reputed firm working since last 20 years and Himalayan Bank’s fake claims have damaged the reputation of our company,” said Hamid, a Malaysian national.

He also claimed that the company has filed a complaint at Nepal Rastra Bank regarding the fake claims of the bank. Hamid further said that the company will knock on the doors of the court if the central bank does not look into the complaints filed by the company.

Hamid also stated that Himalayan Bank has submitted a claim for the aforementioned amount and commissions by using fake pin numbers produced by them and forged the receipts of the payments in the past. He has alleged that the high-level management of the bank and its representatives in Malaysia for forging fund transfer receipts.

Himalayan Bank’s CEO Ashoke Shumsher Rana could not be reached for comments despite repeated attempts by The Himalayan Times.


A version of this article appears in print on August 15, 2018 of The Himalayan Times.


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