Money Laundering Act has been amended to prevent complaints from becoming a weapon: Finance Minister Wagle
-
Media Baaji
- Wed, 8 July 2026
Kathmandu. The government has amended the controversial provision made through an ordinance in the Prevention of Asset Laundering and Money Laundering Act and returned it to the old legal system. Finance Minister Dr. Swarnim Wagle has said that some of the provisions introduced through the ordinance have been corrected after concluding that some of the provisions were overreached more than expected.
Speaking at the Legislation Management Committee meeting on Wednesday, Finance Minister Wagle clarified that although the ordinance was introduced with the aim of making the legal framework against money laundering effective, it had to be amended as there was a risk that it could be misused unexpectedly.
Express
Related News
What is the exchange rate of which foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one American dollar is 145 rupees 16 paisa and the selling rate is 145 rupees 76 paisa. The...
65 crore worth of agricultural products in Parbat
the mountain In Parbat, which is becoming self-sufficient in food and vegetables, more than Rs. In the financial year 2081 and 2082, the volume of agricultural products produced by giving priority to the six main crops was traded. According to Par...
The value of the US dollar is at an all-time high
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has reached its highest point so far. According to the excha...
What is the exchange rate of which foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the exchange rate set for today, the value of the US dollar has increased. According to the fixed exchange rate, the buying rate of one US do...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Tuesday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 48 paisa and the selling rate is 143...
The value of the US dollar at a high point!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the fixed exchange rate, the value of the US dollar has reached a high point. According to the determined exchange rate, the buying rate of...