Friday, December 26th, 2025

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

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

NC urges NA Chair to summon National Assembly session

KATHMANDU: The Nepali Congress (NC) has demanded that the session

Govt working hard to conduct March 5 election successfully: PM Karki

KATHMANDU: Prime Minister Sushila Karki has said the government has

Curfew imposed in Kamalamai municipality, Sindhuli

SINDHULI: The District Administration Office of Sindhuli has imposed a

Balen leaves Kumar Ben’s house after 10 hours

LALITPUR: Kathmandu Metropolitan City Mayor Balendra Shah left Lalitpur after