SC orders banker Pande’s release

Kathmandu / May 15: The Supreme Court on Friday issued an order to release Jyoti Prakash Pande, Chief Executive Officer of the Nepal Investment Mega Bank Ltd.

In response to a habeas corpus writ petition, a division bench of Justices Sharanga Subedi and Shanti Singh Thapa issued the order to release Pande on a bail date.

After CEO Pande was arrested by the Central Bureau of Nepal Police over the Smart Telecom case three days back, Pande’s spouse, Niru Dahal, had filed a petition a day later, arguing that he was held illegally.

With this, investigation into Pande would be forwarded without taking him in detention. RSS

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