HoR passes Prevention of Money Laundering (Third Amendment) Bill, 2083
Nepal, July 2 -- A meeting of the House of Representatives held today passed the Prevention of Money Laundering (Third Amendment) Bill, 2083.
The meeting passed the bill with a majority vote after clause-wise discussion on the bill and response of Finance Minister Dr Swarnim Wagle.
Responding to questions raised in the course of discussion on the bill, Minister Dr Wagle shared that it was necessary to hold meaningful discussion on how to curb corruption and financial crime.
He shared that 13 agencies have authority to prosecute money laundering cases and stressed the need to stop financial criminal activities from broad discussion. "We will not be able to exit from the grey list if we misuse the matter like money laundering to fulfi...
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