KATHMANDU, March 25: The Supreme Court on Sunday refused to free Kamal Gyawali, the then chief of Kist Bank, who has been serving a jail sentence after being convicted of banking fraud.

KATHMANDU, Oct 6: Police on Friday arrested absconding chief executive officer of the then KIST Bank, Kamal Prasad Gyawali, from Mahendranagar of Kanchanpur district.