Sunday, June 21st, 2026

Rs 10 billion ’embezzled’ in stock exchange license distribution



KATHMANDU: Lawmakers claimed that there has been the corruption of more than Rs 10 billion in the distribution of stock exchange licenses.

Speaking at the House of Representatives meeting on Wednesday, lawmaker Rajendra Bajgai alleged that there is a game of Rs. 9/10 billion in the distribution of stock exchange licenses.

“Why is there a need for another new stock exchange to replace the government-owned and continuously profitable Nepal Stock Exchange? I want to draw the attention of the government,” he said, claiming “There is at least a game of 9/10 billion in this.”

Lawmaker Bajgain raised a question as to why Nepali citizens are given only up to 1,500 US dollars when they travel abroad, whereas they allow businessmen to take 300 million rupees to Dubai and other countries for their children’s wedding feasts.

Publish Date : 10 May 2023 20:01 PM

Hiking trail construction begins to promote Kaligandaki riverbank tourism

TRIVENI: Construction of a hiking trail has begun along the

President Paudel calls for adoption of yoga as a way of life

KATHMANDU: President Ram Chandra Paudel has urged people to adopt yoga

Gagan Thapa praises RSP’s political journey from formation to elections

KATHMANDU: Nepali Congress (NC) President Gagan Thapa has extended his

Annapurna Base Camp emerges as a major tourist attraction

MYAGDI: Annapurna Base Camp, once largely unknown to visitors, has

Economic Digest: A Snapshot of Nepal’s Business News

KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of