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Former Prabhu Bank CEO Ashok Sherchan Sent to Jail for Trial
The Patan High Court has ordered former Prabhu Bank Chief Executive Officer Ashok Sherchan to be sent to jail for trial. Of the four cases, one requires a bail of Rs 15 million, while in the others he will remain in custody.
October 7, 20261 min read2 views
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Kathmandu — Former Chief Executive Officer (CEO) of Prabhu Bank, Ashok Sherchan, has been sent to jail for trial. The Patan High Court issued an order on Tuesday to send him to prison.
The court heard four cases involving Sherchan. After the hearing, the court demanded a bail of Rs 15 million in one case, while ordering jail for trial in the others.
As a result, he will remain in custody until a final verdict is reached in the cases.