Prime Minister KP Sharma Oli has said that Nepalis cannot deposit money in foreign banks against the law of the land.
Replying the queries raised by lawmakers – in the House today – on the money deposited by Nepalis in Swiss Bank, he said the government will investigate it and bring out the facts.
The Center for Investigative Journalism (CIJ) on Wednesday revealed that as many as 55 Nepalis have stashed away Rs 52.07 in Swiss banks, though the authenticity of the amount has been under question.
Lawmaker Khagaraj Adhikari demanded with the government to probe the money deposited illegally by Nepalis in the Swiss Bank.
Nepali Congress lawmaker Dilendra Prasad Badu also asked premier on how the government is preparing to inquire the deposit during his upcoming visit to Switzerland. As As PM Oli is going to take part in World Economic Forum (WEF) in Davos of Switzerland on Sunday, the lawmaker has asked him to inquire Nepalis illegal deposits.
Answering the lawmakers, the Prime Minister said that the government is committed for good governance and development, transparency and ending of corruption.
Saying that some of the people have already refuted about the money deposited in Swiss bank, PM Oli asserted that depositing money in the foreign banks illegally breaches Nepali law and is not tolerable.
According to Foreign Exchange Regulation Act (FERA) 2019 BS, Nepalis cannot deposit money in the foreign banks, unless it has the green signal from the central bank. But the CIJ report has also claimed that Nepali depositors have already received Rs 77.41 million in interest from their deposits.
Replying the queries raised by lawmakers – in the House today – on the money deposited by Nepalis in Swiss Bank, he said the government will investigate it and bring out the facts.
The Center for Investigative Journalism (CIJ) on Wednesday revealed that as many as 55 Nepalis have stashed away Rs 52.07 in Swiss banks, though the authenticity of the amount has been under question.
Lawmaker Khagaraj Adhikari demanded with the government to probe the money deposited illegally by Nepalis in the Swiss Bank.
Nepali Congress lawmaker Dilendra Prasad Badu also asked premier on how the government is preparing to inquire the deposit during his upcoming visit to Switzerland. As As PM Oli is going to take part in World Economic Forum (WEF) in Davos of Switzerland on Sunday, the lawmaker has asked him to inquire Nepalis illegal deposits.
Answering the lawmakers, the Prime Minister said that the government is committed for good governance and development, transparency and ending of corruption.
Saying that some of the people have already refuted about the money deposited in Swiss bank, PM Oli asserted that depositing money in the foreign banks illegally breaches Nepali law and is not tolerable.
According to Foreign Exchange Regulation Act (FERA) 2019 BS, Nepalis cannot deposit money in the foreign banks, unless it has the green signal from the central bank. But the CIJ report has also claimed that Nepali depositors have already received Rs 77.41 million in interest from their deposits.
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