Share market activist Tilak Koirala has announced a protest to padlock the Securities Board of Nepal and the Broker Association office today, demanding immediate government action to save the capital market.
Share market activist and investor Tilak Koirala has claimed that capital market is in a deep crisis. Because of this, he announced to padlock the Securities Board of Nepal (SEBON) and the Broker Association office today morning. Koirala said that the protest will start from 8:30 AM at Broker Association and at 9:00 AM at SEBON office.
Demand for Capital Market Rescue Plan
On Monday, he spoke through Facebook Live and demanded that government must bring a “Capital Market Rescue Plan” immediately to improve current market condition. He warned that if such rescue plan is not brought, the market might go into a “free fall”. This free fall will bad affect investors, brokers, banks, and overall economy of the country.
Accusations Against Finance Minister and SEBON
Koirala also accused Finance Minister Dr. Swarnim Wagle and SEBON Chairman of not showing seriousness towards demands of investors. He claimed that he had already submitted a 24-point reform proposal to Finance Minister, but no progress has been made according to that list.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
