Woman arrested for banking fraud
KATHMANDU, August 2
The Central Investigation Bureau of Nepal Police has nabbed a woman who had been absconding since being convicted of a banking fraud.
A special team of CIB apprehended Tulasa Kumari Dhamala, 45, of Betini, Okhaldhunga, residing in Tikathali, Lalitpur, from her house on Sunday. She was sentenced to three years in prison and slapped with a fine of Rs 22 million, the loan that she took from Capital Merchant Banking and Finance Company Ltd, Kathmandu, and misappropriated the same. The Patan Appellate Court had issued the verdict against her in absentia on May 12 last year.
The Government of Nepal acted as a plaintiff acting on a complaint against Dhamala lodged by Nepal Rastra Bank with police.
According to CIB, she had taken a loan of Rs 22 million in the name of Irada Builders Pvt Ltd and caused a huge loss to the finance company by misappropriating the amount. The court convicted her under the Banking Offence and Punishment Act, 2008. CIB has handed her over to Kathmandu District Court.
Earlier, CIB had nabbed Arun Kumar Maratha of New Baneshwor, from his house on May 30. He was sentenced to six years in prison and fined Rs 133 million. He had bilked a loan of Rs 133 million.
Nawaraj Khatri of Dhapasi was arrested on the same charge and was sentence to three years in jail and fined Rs 65 million.
They have been cooling their heels in Nakkhu Jail.