"We deeply regret and apologize for the incident and we want to assure the 47 applicants they will participate in the final selection process since their applications are already registered electronically," said Upendra Poudel, CEO of NMB Bank.
Addressing a press conference Monday, he said that the application forms went missing after they were registered electronically and he vowed to launch an investigation into the incident. "We have already formed a committee that will, among other things, look into whether the incident was just a simple human error or an intentional act," Poudel said.
Poudel, however, stressed that the missing forms number only 47and not more than that as some media have reported. He also informed that NMB bank has informed the Securities Exchange Board of Nepal, the stock market regulator, and Nepal Rastra Bank, the central bank of the country.
Poudel also said the online application system that the bank recently launched for aspirant IPO investors is the best tool for fighting unwanted occurrences like the missing of application forms.
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