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
20.75 points decline in NEPSE, turnover of 8.36 billion
Kathmandu. On the second trading day of the week, the NEPSE index decreased by 20.75 points to 2642.15. During the day, 25 million 559 thousand 55 shares of 354 companies were bought and sold, and 8 billion 36 million 44 million shares were traded...
The price of gold increased, how much per tola on Sunday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 1 thousand 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 3 lakh 1000 rupees per tola today.
The price of eggs increased again
Chitwan. The consumption of eggs has increased as it gets colder. On top of that, after the tightening in the Indian border area, illegal eggs have been stopped. Farmers say that because of this, Nepali eggs have start...
The price of gold decreased by 2 thousand 400 per tola in one day
Kathmandu. The price of gold and silver decreased in the Nepali market on Thursday. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has remained at Rs 284,700 per tola. The price of gold, which was tra...
Unprecedented rise in gold prices, breaking the record so far, increased by 20 thousand per tola in a single day
Kathmandu. The price of gold in the Nepali market has set a new record. According to the Federation of Nepal Gold and Silver Traders, gold tola has increased by 20 thousand five hundred rupees to 339 thousand 300 rupe...
Due to unseasonal rains, paddy production will decrease by 3 lakh metric tons
Kathmandu. Due to the damage caused to the agricultural sector due to the rains this year, it is predicted that the production of rice will decrease by five percent. According to the analysis done by the Ministry of Agriculture and Livestock Devel...