PROMOTER SHARES OF JAILED BANKER PUT UP FOR AUCTION TO SETTLE DEBTS

PROMOTER SHARES OF JAILED BANKER PUT UP FOR ACTION TO SETTLE DEBTS

Kathmandu, 13 April: Promoter shares of a commercial bank and a B Class finance company held by Yogendra Prasad Shrestha, jailed for financial irregularities, were put up for auction Friday to settle debts.
Altogether 4,52,552 promoter shares of Nepal Share Market and Finance Ltd.(NSMFL)
6,25,557 promoter shares of Macchepuchare Bank Ltd were put up for auction to
settle debts NSMFL.
Auction notice for debt recovery was placed in newspapers Friday.
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CCTVs INSTALLED IN NEW ROAD

Kathmandu, 13 April: :In a bid to prevent increased crime, locals of New Road,
the capital’s business center, have installed CCTVs at personal cost.
Twenty-five CCTVs were installed.
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