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
The request of the department to inform about the illegal trading of gas
Kathmandu. The Department of Commerce, Supply and Consumer Protection has requested all of you to call 1137 toll-free if you have any information or information regarding the illegal trading of LP gas for cooking due to the shortage in the interna...
The price of gold increased by 5200 rupees per tola and set a new record. How much is the transaction per tola?
Kathmandu. Daily gold prices are making new records. Gold has increased by Rs 5,200 per tola in a single day, reaching its highest price so far. According to the Nepal Gold and Silver Traders Federation, gold has reached 3 lakh 9 thousand rupees p...
Heavy fall in the price of gold, how much per tola?
Kathmandu. Gold prices fell on Monday. Today, the price of gold has decreased by 13 thousand 400 rupees per tola. According to the Nepal Gold and Silver Traders Federation, the price of gold in Chapawal has remained at 286,600 rupees per tola on M...
Foreign currency exchange rates: what is the price of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Thursday. According to the information released by the Central Bank, the exchange rate of US dollar, euro and pound sterling has remained high today.
Accordin...
What is the regulation rate of which foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 149 rupees 78 paisa and the selling rate is 150 rupees 38 paisa. Similarly, the...
27.93 billion revenue collection by Bagmati state government
Kathmandu. The Bagmati state government has collected 41.40 percent of the annual target in the nine months of the current financial year, i.e. 27 billion 933 million two thousand rupees. Real estate registration, property tax and vehicle tax are...