The bank signed the agreement to provide Rs. 129.1 million loan keeping land on collateral in the presence of its Chairman Dambar Bahadur Bamjan and Loan Manager Dipak Rana Magar to Panchalal Maharjan of Pinchhe of Lalitpur Municipality-7 on July 16, last year.
"Though I was called on July 18, I have not still received the loan as per the agreement," he said.
Maharjan said he kept his house with plot number 1024 at Kathmandu Municipality-29 for the same purpose. Now he cannot sell the land as it has been kept on collateral.
The bank provided him the statement only after four month of agreement. The statement reads that the bank has paid Rs. 69.41 million through check no. U279192 the same day of the agreement.
Maharjan repeatedly demanded bank statement, but to no avail. After four months, it came to light that the bank officials withdrew Rs. 2.6 million through check No. 7279193 and Rs. 800,000 through cheque no. 279194, he said.
Maharjan had filed a case of cheating against them at Metropolitan Police Office. Now he has been receiving threats from different criminal groups threatening him to withdraw the case, said Maharjan. RSS
WB providing concessional loan of $120 million and grant of $19...