KATHMANDU, March 17: The police have arrested the investors who had reached the office of Nepal Stock Exchange (NEPSE) in Bhadrakali to stage a sit-in.
The investors came to surround the NEPSE office this morning demanding the implementation of the recommendation report prepared by the task force formed under the coordination of the then Deputy Governor of Nepal Rastra Bank Shivraj Shrestha for capital market reform.
Dipendra Shrestha, police inspector of Police Circle, Anamnagar, said that three people were taken into custody and taken to Anamnagar Police Circle after they staged a sit-in in the prohibited area. Investors Tilak Koirala, Nayan Bastola and Arjun Koirala were detained by the police. Investors gathered at the office of NEPSE demanding the implementation of the recommendation report on the capital market.
The company secretary of NEPSE Murahari Parajuli told the investors who had reached the office to sit for talks, but the investors refused saying that they would not talk to anyone except the chairman.
Koirala said that he demanded the implementation of the recommendation report for capital market reform. "Our demand is that the 58-point recommendation report be implemented. "We have gathered to pressurize that all the recommendations of the report should be followed verbatim after repeated requests have not been implemented," he said.
Investors are demanding that the recommendations of the 'Report of the Recommendation Committee on Resource Management for Financial Stability and Investment, 2075', which was prepared about five years ago, should be implemented after evaluating trends seen in the monetary and capital markets.