Prabhu Bank Chief Executive Officer Suman Sharma surrendered to police on Tuesday after an arrest warrant was issued against him in a criminal case. He was taken into police custody following his surrender.
The case has been assigned to the bench of Judge Devikumar Chaudhary at the Parsa District Court. A detention hearing is scheduled for today.
Court to decide on custody or release
The hearing will determine whether Sharma is sent to jail pending trial or released on bail or a general date.
The case relates to Sharma’s time at the then Sunrise Bank. No further details about the allegations were provided.