Friday, May 15th, 2026

Former Finance Minister Rameshore Khanal questions credibility of Cabinet’s asset disclosures



KATHMANDU: Former Finance Minister of the interim government, Rameshore Khanal, has raised significant concerns regarding the reliability of the asset details recently published by the ministers of the Balendra Shah-led administration.

The government, which holds a near two-thirds majority and was formed on March 27, made the property details of all its cabinet members public this past Sunday. While the move was intended to demonstrate transparency, Khanal argued that self-declared asset lists often lack the necessary verification to be truly credible.

“Asset disclosures are generally less reliable,” Khanal stated. “Instead, income statements and tax clearance certificates submitted to the Inland Revenue Office are much more dependable, clear, and verified foundations for evaluating financial transparency.”

His remarks have intensified the ongoing debate regarding the accountability of public officials. Financial experts have echoed Khanal’s sentiments, suggesting that mere asset declarations are insufficient.

Publish Date : 13 April 2026 19:40 PM

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