The House of Representatives has officially passed the Asset Laundering Prevention Third Amendment Bill, 2083 following discussions and response from Finance Minister Dr. Swarnim Wagle.
In today meeting of the House of Representatives, the Asset Laundering (Money Laundering) Prevention (Third Amendment) Bill, 2083 was passed by a majority. The bill got passed after a clause-by-clause discussion and clarification from Finance Minister Dr. Swarnim Wagle.
Minister Wagle Clarifies on Bill’s Intention
Answering the questions raised during the discussion, Finance Minister Dr. Wagle said that there is a need for meaningful debate on stopping corruption and financial crimes. He shared that 13 different government agencies can run cases related to money laundering. He emphasized that economic crimes must be stopped through wide and detailed discussions.
Addressing some concerns, Minister Wagle said that the accusations about the bill being brought with bad intentions to trouble people is false. He warned that if money laundering issues are misused for political gains, Nepal will not be able to get out of the international gray list. He said that we must got out of the gray list because otherwise, our financial connections with the international sector will completely break.
Lawmakers Participating in the Discussion
Many members of parliament participated in the discussion on this important bill. The lawmakers who took part include Guru Prasad Baral, Ganesh Bahadur Vishwakarma, Kamal Subedi, Chandeshwar Mandal, Yashuda Kumari Baral, Bharat Bahadur Khadka, Parvati BK, Mahendra Bahadur Shahi, Harimohan Bhandari, and Balawati Sharma.
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.
