{"id":1876,"date":"2026-04-29T01:59:35","date_gmt":"2026-04-29T01:59:35","guid":{"rendered":"https:\/\/english.bankingkhabar.com\/?p=1876"},"modified":"2026-04-29T01:59:35","modified_gmt":"2026-04-29T01:59:35","slug":"chairman-of-nepal-micro-insurance-arrested-on-securities-fraud-charges","status":"publish","type":"post","link":"https:\/\/english.bankingkhabar.com\/?p=1876","title":{"rendered":"Chairman of Nepal Micro Insurance Arrested on Securities Fraud Charges"},"content":{"rendered":"<p style=\"text-align: justify;\" data-start=\"451\" data-end=\"687\"><strong><a href=\"https:\/\/english.bankingkhabar.com\/?attachment_id=1877\" rel=\"attachment wp-att-1877\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1877\" src=\"https:\/\/english.bankingkhabar.com\/wp-content\/uploads\/2026\/04\/5.jpg\" alt=\"\" width=\"1080\" height=\"453\" srcset=\"https:\/\/english.bankingkhabar.com\/wp-content\/uploads\/2026\/04\/5.jpg 1080w, https:\/\/english.bankingkhabar.com\/wp-content\/uploads\/2026\/04\/5-300x126.jpg 300w, https:\/\/english.bankingkhabar.com\/wp-content\/uploads\/2026\/04\/5-1024x430.jpg 1024w, https:\/\/english.bankingkhabar.com\/wp-content\/uploads\/2026\/04\/5-768x322.jpg 768w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/a>Banking Khabar \/<\/strong> Ashish Shrestha, Chairman of Nepal Micro Insurance Company, has been arrested by a team from the Central Investigation Bureau (CIB) of Nepal Police for alleged involvement in securities-related offenses.<\/p>\n<p style=\"text-align: justify;\" data-start=\"689\" data-end=\"880\">According to police officials, Shrestha was taken into custody from Kathmandu on Tuesday. The arrest was made for investigation under charges of violating the <strong data-start=\"848\" data-end=\"879\">Securities Act, 2063 (2007)<\/strong>.<\/p>\n<p style=\"text-align: justify;\" data-start=\"882\" data-end=\"1181\">Authorities stated that the case involves suspected irregularities related to securities transactions, although detailed allegations have not yet been publicly disclosed. The CIB confirmed that Shrestha is currently under investigation and further legal procedures will follow based on the findings.<\/p>\n<p style=\"text-align: justify;\" data-start=\"1183\" data-end=\"1433\">Officials emphasized that the arrest is part of an ongoing effort to enforce financial regulations and maintain transparency in Nepal\u2019s capital market. More details are expected as the investigation progresses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking Khabar \/ Ashish Shrestha, Chairman of Nepal Micro Insurance Company, has been arrested by a team from the Central Investigation Bureau (CIB) of Nepal Police for alleged involvement in securities-related offenses. According to police officials, Shrestha was taken into custody from Kathmandu on Tuesday. The arrest was made for investigation under charges of violating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insurance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chairman of Nepal Micro Insurance Arrested on Securities Fraud Charges - Bankingkhabar<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.bankingkhabar.com\/?p=1876\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chairman of Nepal Micro Insurance Arrested on Securities Fraud Charges - Bankingkhabar\" \/>\n<meta property=\"og:description\" content=\"Banking Khabar \/ Ashish Shrestha, Chairman of Nepal Micro Insurance Company, has been arrested by a team from the Central Investigation Bureau (CIB) of Nepal Police for alleged involvement in securities-related offenses. According to police officials, Shrestha was taken into custody from Kathmandu on Tuesday. 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