KATHMANDU, May 17: Nepali Congress (NC) leader Dr. Shekhar Koirala has raised concerns over the possible influx of illegal money into Nepal under the guise of remittances.
Speaking at a program in Kathmandu on Saturday, Dr. Koirala noted that approximately Rs 200 billion in remittances—both formal and informal—entered the country in the past month alone. He questioned whether such a large sum could be sent solely by Nepali migrant workers and expressed suspicion that illicit funds may be flowing into the country disguised as remittance.
Financial literacy classes for remittance utilization
He also suggested that political interference in the appointment of the Governor of Nepal Rastra Bank (NRB) could be linked to this issue. “I am concerned that there may be interference in the Governor’s appointment process,” he said.
Koirala mentioned that although he was assured by NC President Sher Bahadur Deuba that a competent individual would be appointed, he remains uneasy about the situation, hinting at potential irregularities.
He further pointed out that, according to established rules, the Governor should be appointed at least one month before the position becomes vacant. The delay, he claimed, constitutes a violation of constitutional norms.
Calling for improved governance and stronger anti-corruption measures, Koirala warned that rising impunity is fueling public discontent across the country.
