Ongoing questions around Prabhu Bank’s top leadership have entered a new stage as the court has given investigators more time to look into the case. The Patan High Court has approved another five days of investigation time for three senior officials of Prabhu Bank.
Those officials are:
• CEO Ashok Sherchan
• Deputy CEO Pokhrel
• Chief Information Officer Riwaj Shrestha
All three were arrested by the Central Investigation Bureau on Mangsir 14 from the bank’s head office at Bijulibazar. The arrests were linked to a banking-related offense that investigators said needed deeper review. A similar five-day extension had already been granted on Mangsir 15. With this new extension, authorities now have extra space to check documents, gather statements, and understand what actually happened inside the bank’s operations.
The investigation will continue under CIB’s supervision. The court will decide further steps after reviewing the findings at the end of this extended period.
