Kathmandu. Himalayan Reinsurance's former Chief Executive Officer Upasana Poudel has been released on a bail of 1.4 million rupees. The Central Investigation Bureau of Nepal Police had arrested her and filed a case related to insurance offenses.On Wednesday, the Kathmandu District Court had demanded a bail of 1.4 million rupees from her. She was released after submitting the bail amount as per the court's order.A case has been filed against eight people, including Poudel, on charges of embezzling 38.2 million rupees from Himalayan Reinsurance by creating a fake (paper) company called 'Trust Insurance Broker'.Police investigation has revealed that the amount...