CIB arrests suspended Nepal Micro Insurance CEO Rimal

Kathmandu, July 24: The Central Investigation Bureau (CIB) of Nepal Police has arrested Mrigendra Nath Rimal, the suspended Chief Executive Officer (CEO) of Nepal Micro Insurance, in connection with a case involving alleged financial irregularities and violations of securities and insurance laws.

Rimal, who had been on the run, was arrested on Thursday from Sifal, Ward No. 7 of Kathmandu Metropolitan City, police said.