Wednesday, May 6th, 2026

Illegal remittance flows suspected in central bank Governor appointment: Koirala



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

FNCCI elects new leadership, Anjan Shrestha to lead as president

KATHMANDU: The Federation of Nepalese Chambers of Commerce and Industry

Govt moves to curb double benefits taken by former top officials

KATHMANDU: The government has stepped up efforts to curb the

Public urged to avoid BP Highway, travel only if necessary during daytime

KATHMANDU: Authorities have urged travelers to check road conditions before

RSP lawmakers, ministers to hold pre-budget discussion today

KATHMANDU: Lawmakers and ministers of the Rastriya Swatantra Party are

Three youths arrested for attempted daylight robbery at Indrachowk jewelry shop

KATHMANDU: Police have arrested three youths on charges of attempting