Police have arrested former executive chairman of Gharelu Tatha Sana Udhoyog Bikash Bank Sitaram Prasai along Tulasi Upreti and Kanchan Parajuli for banking embezzlement on Thursday, June 4, 2015.
They were arrested from their respective residences. Presai was also arrested for the same banking fraud earlier.
The bank was named Yeti Development Bank after Gharelu Tatha Sana Udhoyog Bikash Bank before it was changed into Development Bank Limited.
They are under investigation, according to Police.