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Controversial businessperson Prithvi Bahadur Shah Kathmandu, February 9 Nepal Rastra Bank (NRB) has taken action against four commercial banks with a cash penalty of Rs 5 million each for their role in the Prithvi Bahadur Shah money laundering case . According to the NRB, Kumari Bank, Bank of Kathmandu (now Global IME Bank), Prime Commercial Bank and Prabhu Bank have been fined Rs 5 million each. The Bank Supervision Department of the NRB has confirmed that action was taken after Shah was found to have transacted business using the accounts of these four banks even after it instructed them to freeze Shah’s bank accounts. Nabil Bank also failed to freeze Shah’s account, but since he had not done any transaction through the account, the NRB has not taken action against it. Nonetheless, it has warned the bank. Shah was arrested on January 6, for alleged money laundering and fraud. Officials say the government is preparing to file three cases against Shah. Nepal Police Central In...