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Sudhir Basnet was a real state business man who owned the billions of loan on the name of Oriental Housing and privet is accused of swindling billions of Nepali money from he different bank and was living India is arrested from the home of his own at Dhapashi Kathmandu on Tuesday 11;00pm at night police said.

 He was accused of not paying the loans about 1.6 billion of amount from different 14 bank and his cooperatives.

Acting Chief of Kathmandu Police Pradhyumna Karki informed that the arrest was made in compliance with the court orders from Kathmandu District Court and Bhaktapur District Court. 

According to the police, Basnet was on the run and was living in India after the court judgments.

Source:  we have taken the news from kathmandu post

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