Saturday, June 14th, 2025

Illegal remittance flows suspected in central bank Governor appointment: Koirala


17 May 2025  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: Nepali Congress leader Dr. Shekhar Koirala has directly linked the suspected influx of illegal money under the guise of remittances to potential manipulation in the appointment of the Central Bank Governor.

Speaking at a program in Kathmandu on Saturday, Koirala highlighted the recent surge in remittances, reaching approximately 200 billion rupees last month.

He argued that this figure appears disproportionately high compared to the number of Nepali citizens working abroad, leading him to suspect that illicit funds are being funneled into the country disguised as remittances.

“This unusual surge in remittance raises serious questions,” Koirala stated. “It is quite possible that the maneuvering we are witnessing in the appointment of the Central Bank Governor is connected to these suspicious financial flows.”

Koirala also criticized the government for not adhering to the constitutional provision requiring the governor to be appointed a month before the position becomes vacant.

He expressed his initial confidence in the appointment process after speaking with the party president but admitted to growing concerns about underlying issues within the nation.

Furthermore, Koirala voiced his broader dissatisfaction with the increasing impunity in the country, citing instances where those involved in financial wrongdoing face inconsistent justice.

He argued that such inconsistencies erode public trust and undermine the principles of good governance.

Publish Date : 17 May 2025 17:57 PM

Steep decline in cliff honey harvest in Myagdi

KATHMANDU: This year, the production of wild cliff honey in

Govt committed to environmental protection and EV promotion: Finance Minister

KATHMANDU: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel

Nepal drops one spot in FIFA Women’s Rankings

KATHMANDU: Nepal has slipped one position to 100th in the

NRN Sujan Katwal awarded prestigious MBE by UK government

LONDON: Non-resident Nepali businessman and social worker Sujan Katwal has

Meet the man who has rescued over 1,500 snakes in eastern Nepal

URLABARI: As evening fell over Urlabari in Morang, panic spread