. Kavi Kumar Tibewala, a member of the board of directors of Nepal Investment Mega Bank, has also given statement on the alleged illegal auction of property already owned by the government.
A case has already been filed against the bank’s Chief Executive Officer (CEO), Chairman and other directors at Kathmandu District Court on charges of fraud, organized crime and banking offense.
The chargesheet filed by the Central Investigation Bureau (CIB) after a long investigation alleges that the property of the government-owned smart cell was auctioned in collusion with the bank to benefit Ncell.
During the investigation, the police have also recorded statements of Kavi Kumar Tivrewala, a member of the board of directors. Further investigation into the case is underway, police said. See his statement below:


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