
Kathmandu. Law, Justice and Parliamentary Affairs Minister Dhanraj Gurung has said that the government is committed to making the laws of Nepal international level in controlling financial crimes.
Minister Gurung said this while speaking about the Money Laundering Prevention Act Bill at the meeting of the Law, Justice and Human Rights Committee under the House of Representatives on Monday. He also said that it is necessary to pass the relevant bill within June 2080 and to provide more punishments to establish that the control of financial crimes is the responsibility of the state.
Minister Gurung said that the bill should be passed to make the investigation and prosecution of economic crimes effective and to significantly improve the weak areas of regulation and supervision. He said that the message that the government is committed to controlling financial crimes should be sent to the Nepalese people and the international community by drafting the Money Laundering Prevention Act Bill. He asked to pass the bill submitted by the government on the priority of the committee to save Nepal from being blacklisted internationally.
He said that since the bill has been delayed, the committee should help in controlling financial crimes by bringing it to a conclusion soon. He said that in the Asset Laundering Prevention Amendment Act, a person dealing in real estate business can only carry out such business with a license. He said that the regulation of the casino will be regulated by the law, and the regulation of cooperatives will be made effective.