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Investigation Launched into Money Laundering Allegations Against Former Prime Ministers KP Sharma Oli, Sher Bahadur Deuba, and Prachanda

Deuba, Prachanda and Oli

Image Source, Getty Images / EPA

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An investigation into money laundering allegations has been initiated against three former prime ministers of Nepal — KP Sharma Oli, Sher Bahadur Deuba, and Pushpa Kamal Dahal ‘Prachanda,’ according to reports from multiple media outlets.

Leading online news platforms have cited various sources to present this information.

The Money Laundering Investigation Department has reportedly issued a letter seeking assistance from the Central Investigation Bureau (CIB) of the Nepal Police.

These reports emerged shortly after the arrest of former Energy Minister and Nepali Congress leader Deepak Khadka.

The CIB carried out the arrest of Leader Khadka.

पूर्णबहादुर खड्काले जिल्ला सभापतिको पनि भेला बोलाए

Purna Bahadur Khadka Calls for Meeting of District Chairpersons

March 29, Kathmandu – Former acting president of the Nepali Congress, Purna Bahadur Khadka, has called for a meeting of the district chairpersons. Khadka, who is preparing for a meeting of the central working committee elected at the 14th general convention, has summoned the district chairpersons who did not support the special general convention. Close sources to him have informed that the gathering of the district chairpersons is scheduled for March 31.

Following the arrest of former Home Minister Ramesh Lekhak, Khadka, in his capacity as acting president, has also called a meeting of the central working committee elected at the 14th general convention. This meeting will begin at 11 a.m. on Tuesday at the Smart Party Palace in Dhumbarahi. According to a former central member, the meeting is expected to continue for two days.

According to these leaders, the meeting will also include province working committee chairpersons who have not accepted the special general convention. At the special general convention held at the end of last December, Koshi Province Chair Uddhav Thapa, Madhesh Province Chair Krishna Yadav, Bagmati Province Chair Indra Bahadur Baniya, Karnali Province Chair Lalit Jung Shahi, and Sudurpashchim Province Chair Vir Bahadur Balayar did not participate. Among them, Thapa, Yadav, and Baniya attended the first central working committee meeting of the Congress after the House of Representatives election.

Merger Agreement Signed Between Jeevan Bikash and Unique Nepal Microfinance Institutions

March 30, Biratnagar – A merger agreement has been finalized between Jeevan Bikash Microfinance Financial Institution and Unique Nepal Microfinance Financial Institution. Jeevan Bikash, headquartered in Kathaari, Morang, and Unique Nepal Microfinance, based in Kohalpur, Banke, signed the mutual merger agreement on Saturday. The agreement document was signed by Vikramraj Subedi, Chairman of Jeevan Bikash Microfinance, and Shiv Bahadur Chaudhary, Chairman of Unique Nepal Microfinance.

Jeevan Bikash, with its central office located in Kathaari Rural Municipality-2, Morang, operates through 160 branch offices and delivers microfinance services directly to over 315,000 members across 31 districts in the Koshi, Madhesh, and Bagmati provinces. On the other hand, Unique Nepal Microfinance, headquartered in Kohalpur Municipality-11, Banke district, serves more than 80,000 members across 10 districts in Western Nepal. Following the merger, the service coverage will expand from Jhapa in Eastern Nepal to Kanchanpur in the West.

Unique Nepal currently delivers microfinance services through 41 branch offices located in Banke, Bardiya, Kailali, Kanchanpur, Nawalparasi, Rupandehi, Kapilvastu, Dang, Surkhet, and Dadeldhura. This merger will strengthen the capital base and service reach of the combined institution. Following the initiation of the merger process, according to the provisions of the Nepal Securities Board, the basic share transactions of both institutions have been suspended. Share trading for these shareholders will remain suspended until the upcoming general assemblies are completed.

Challenges Facing the Civil Service for Nepal’s New Government

Summary

Editorial Review Completed.

  • The government led by the Rastriya Swatantra Party holds 182 seats, nearly a two-thirds majority, potentially easing its governance.
  • Corruption and factionalism within Nepal’s political bureaucracy have hindered the path to prosperity.
  • Strengthening intra-party democracy and restructuring the civil service are essential.

In the recent House of Representatives election, the Rastriya Swatantra Party (Raswap) witnessed unprecedented popular support. Out of 275 seats, Raswap won 182 seats. Although a wave of votes for a small symbol like the “bell” is not unique in Nepal’s political history, this time voters chose the same symbol with distinct hopes.

Over the past seven decades, similar groundswell movements have repeatedly refreshed the collective memory. This time, voters supported Raswap largely because they wanted to see a new generation rebel against the inactivity of old political parties. Communities always expect their leaders to take initiative. In democracy, leaders who fail to lead are destined to lose elections. When this rule is ignored, frustration spreads, igniting rebellion among youth, who cast their votes based on this shared anger — the outcome we witnessed.

Now, all eyes are on what the nearly two-thirds majority government will do. Nepal’s social fabric is diverse, with varying expectations that require a political culture and an efficient civil service to meet them. Past leadership cultures that produced malpractices such as corruption, abuse, fraud, and irregularities cannot be remembered fondly. They only shouted slogans of good governance but failed to bring real societal change. This is the painful reality of Nepalese politics.

For decades, Nepalese politics has mainly been under the control of hereditary and feudal elites, a corrupt middle class, intermediaries, and brokers. Without understanding the political culture of these actors, one cannot grasp Nepal’s political landscape. Nor can anyone boldly push for political change without this understanding.

Let us begin with the structure that generates such political leadership – one that institutionalized misgovernance and corruption. To date, much of Nepali society is caught in networks of nepotism, sycophancy, behavior, and manipulation. This culture permeates all levels and groups of society. Whether small or large, visible or hidden, this issue affects everyone. Political parties also embody this culture, producing leaders and cadres based on it. Ending this and bringing social morality into political culture is imperative.

The journey toward prosperity will only begin when the office of the Civil Servants’ Trade Union, located near the South Gate of Singha Durbar, is closed. Otherwise, this will remain mere rhetoric.

The race to change not only parties but factions is also intense. Everyone must know that a political party entangled in factionalism and sub-factionalism cannot lead society; such groups are simply a lost cause. This understanding is important not only for new parties and leaders but also for the cadres because the accusations from factions come more from cadres than leaders. Without planting the seeds of democracy within parties soon, the dream of prosperity will be shattered.

Currently, the middle class is influential in politics. Only the development of this class’s culture can improve overall progress but will not bring immediate change to ordinary citizens’ lives. This is evident across all levels in Nepal. The intermediaries represent the jewel of the power structure’s middle class, whose colors change over time. This intellectual group, often involved in political sycophancy, remains active in exploiting power and colludes with a corrupt bureaucracy in illicit activities.

Junior employees with low salaries become shields for corruption as civil service leaders engage in corrupting politics for gain. This leadership culture, maintained by the civil service stepping into political leadership’s shoes, has led to today’s malpractices. The bureaucrats have pressured political leadership to secure their own share.

Those affected say that even though authoritarian political systems have changed, the bureaucratic poison tree planted by the Rana regime and nurtured by feudal lords remains unuprooted. This is the biggest obstacle to development. Prosperity will only begin once the Civil Servants’ Trade Union office near Singha Durbar’s South Gate is blocked. Otherwise, it will remain just talk.

In a changing environment, redefining and reforming politics with a new vision to move forward on the path to prosperity is unavoidable. Holding firm to the belief that neither you nor the nation will change is foolishness.

Without policy, social order cannot be established, and social relations will falter. The bureaucracy, which supports maintaining existing conditions under the cover of self-interest, appears inactive. This has dashed Nepal’s progress dreams for decades. No one speaks about this, and the political leadership largely remains silent for fear of dismantling vested interests within the established corrupt system. This dire situation must compel new leadership to take strong steps; otherwise, Nepalese society’s hopes will perish.

The responsibility to sustain this enthusiasm lies with elected representatives. Ironically, lawmakers who create legislation are the most neglected. Formal approvals for laws are sought, but the bureaucratic leadership weakens these very legislators. This group either acts independently or under orders and is led by a coalition of broker middle-class political leaders and western-educated intellectual intermediaries. Although it may sound like an accusation, this is the harsh reality of our society today. Nevertheless, meaningful initiatives to prevent potential disasters are essential. Without strong internal party democracy, transparent political and administrative leadership, and active civil society, meaningful change is impossible.

Redefining politics in the new environment to advance prosperity is the only viable option. Building oneself, society, and the nation is now a collective responsibility. Persisting in complaints without self-change or societal transformation is futile. To maintain order and curb systemic corruption, immediate actions must be taken:

First, without strong democracy within parties, envisioning a true republic is futile. Factionalism is the cancer affecting all parties and must be eradicated. Parties should be run by representative groups and their cohesive leadership; if not, disillusionment will continue.

Second, without restructuring the civil service, a stable government cannot provide services effectively. The bureaucracy, trapped in serving parties and leaders, is the root of social crimes and current crises. Old dysfunctional mechanisms must be discarded and services revamped in line with new contexts; otherwise, quality service delivery is impossible.

Third, the influence of vested interest groups in policymaking must be legally discouraged. This is challenging as the dominant middle class must learn to become disciplined entrepreneurs; otherwise, broker manipulations will persist. Besides lawmaking and transparency, ethical leadership development must also receive attention, strengthening parliament’s social and executive roles and making representatives accountable.

To make Nepal’s journey to prosperity successful and sustainable, it is essential to dismantle the obstructive bureaucracy. Taxpayers’ money should be used properly, and civil servants must serve as genuine public servants. That day is near and will only be possible when political parties and their leadership evolve into exemplary citizen leadership. Ultimately, Nepal’s vehicle to prosperity can move only when administration is efficient, disciplined drivers operate the system, and everyone changes their mindset. Let us wait, that day will come soon.

One Indian Citizen Killed in Iranian Attack on Kuwaiti Facility

March 30, Kathmandu – An Indian citizen has died in an attack carried out by Iran on a facility in Kuwait. The incident occurred at a power desalination plant targeted by Iranian forces. The Ministry of Electricity and Water of Kuwait confirmed the death of an Indian worker in the attack. Through the social media platform X, the ministry stated, “The attack caused significant damage to the plant. A technical team is currently working to maintain essential services.” The ministry’s spokesperson, Engineer Fatima Abbas Johar Hait, added that the building did not sustain major structural damage.

Court Grants Permission to Detain KP Oli and Ramesh Lekhak for Five Days

KP Sharma Oli was Prime Minister and Ramesh Lekhak was Home Minister during the Jan G Movement (file photo)

Photo source, RSS

Caption: KP Sharma Oli as Prime Minister and Ramesh Lekhak as Home Minister during the Jan G Movement (file photo)

The Kathmandu District Court has authorized the detention of former Prime Minister KP Sharma Oli and former Home Minister Ramesh Lekhak for five days to facilitate investigation.

Oli and Lekhak, arrested on Saturday based on the report of the commission formed to investigate the Jan G Movement, appeared in Kathmandu District Court on Sunday for a hearing on the police’s request for detention extension and arrest warrant.

Deepak Kumar Shrestha, information officer of the Kathmandu District Court, stated that the court granted permission to detain them for five days under Section 14(6) of the Muluki Criminal Procedure Code 2074. The order also mentioned, “Since defendant KP Sharma Oli is unwell, he has been admitted to the Tribhuvan University Teaching Hospital for effective treatment,” as part of the court’s directive.

The hearing took place before Judge Anand Shrestha regarding police’s request to keep former Prime Minister KP Sharma Oli and former Home Minister Ramesh Lekhak, arrested Saturday, in custody for ten days for further investigation.

According to officials, former Home Minister Lekhak was physically present at the court while former Prime Minister Oli, due to poor health, was admitted to Tribhuvan University Teaching Hospital and participated in the hearing virtually.

नागरिकको आँखा कि भीडको ढुंगा ? – Online Khabar

Citizen’s Perspective or Stone in the Hands of the Mob?

In Nepal, two parallel courts are operating simultaneously: the legally established courts by the Constitution and the digital courts born from smartphones. In today’s society, these two courts function side by side. One is the ‘legal court’ created by the Constitution, which seeks evidence, listens to both sides, and takes time to deliver justice. The other is the ‘digital court’ created by smartphones, which watches a 10-second video, immediately passes judgment, and quickly announces punishment. We currently live in a situation where justice is sought through this kind of digital mob rule.

Recently, there has been an increasing competition to record videos without permission and make them go viral on social media. In some cases, it can be argued that this has brought positive change. Small cameras held by citizens directly challenge delays in hospitals, corruption in government offices, and the arrogance of those in power. In this way, the camera sometimes becomes the ‘third eye of the citizen.’ But the problem begins when the camera fails to become a scale of justice and instead becomes like a stone in the hands of the mob.

There are numerous examples worldwide where such videos have shaken governance systems. The 2020 killing of George Floyd by a 44-year-old white police officer in the United States is unforgettable. A video recorded by a civilian became indisputable evidence of the truth and raised global awareness against systemic racism. However, in 2019, a short video from Covington Catholic High School went viral based on mistaken interpretations. The courts later acquitted those teenagers and fined media companies.

Nepal’s Constitution of 2072 (2015) is in effect, granting us the right and freedom of expression. The Muluki Criminal Code 2074 (2017) and the Privacy Act 2075 (2018) consider it a punishable offense to photograph or publicly share someone’s image without permission. Sadly, while the law remains confined to textbooks, verdicts are now being made in Facebook comment sections.

It may be a citizen’s duty to gather evidence, but turning that into a ‘digital court’ and masquerading it as justice is injustice. If there is evidence, submit it to the relevant authorities. Even then, avoid making videos viral without consent to exploit social gain. In the end, ask yourself — what kind of society are we building?

Congress Leader and Former Minister Deepak Khadka Arrested, Investigation Launched into Cash Seized During Jan G Movement

Nepal Police have arrested Nepali Congress leader and former Energy Minister Deepak Khadka. He was detained on Sunday morning, and the Kathmandu District Court later authorized a seven-day custody for investigation in the evening. Home Minister Sudhan Gurung informed through a Facebook post that Khadka was taken into custody as part of the investigation into cash seized from his residence during the protest on Bhadra 24.

Home Minister Gurung shared the necessary arrest warrant issued by the Central Investigation Bureau (CIB) on his social media post, confirming Khadka’s current residence as Budhanilkantha Municipality. According to the post, the arrest was made for investigating charges related to money laundering. The Nepal Police’s CIB also confirmed the arrest in connection to money laundering offenses. CIB spokesperson Shiv Kumar Shrestha said, “He has been arrested. I have not yet received all the reports. The arrest is related to money laundering cases.” The police have stated that further details will be provided later.

Following the recommendations of the commission set up to investigate the Jan G Movement, former Prime Minister KP Oli and former Home Minister Ramesh Lekhak were arrested on Saturday. While the UML party has institutionally labeled these actions as retaliatory and the faction led by Congress’s Purna Bahadur also opposes them, Deepak Khadka was arrested just three days after Balendra Shah assumed office. Khadka served as Minister for Energy, Water Resources, and Irrigation under Prime Minister KP Oli’s government, and he is also a businessman in the water resources sector.

His personal details submitted to the House of Representatives Secretariat cite years of experience in sectors including ‘tourism and hydropower.’ Khadka has invested in various hydropower projects. He is considered one of the promoters of the Langtang Bhote Koshi Hydropower Project, which involves nearly NPR 2 billion in Chinese investment. According to the Independent Power Producers’ Association, Nepal (IPPAN) website, he has investments in the Upper Piluwa 1 and 2 projects under Manchhyam Hydropower Pvt. Ltd. in Sankhuwasabha district. Questions regarding conflicts of interest arose upon his appointment as Energy Minister. However, Khadka had stated, “If I work in a way that supports others, you will see the results. Such efforts benefit the country. It is possible to understand quickly and easily. My goal is to work selflessly and responsibly for the country, and I believe experience will make it fruitful.” During the Jan G Movement in Bhadra, his residence was also subjected to vandalism and arson. He was elected from Sankhuwasabha in the previous House of Representatives election.

गैंडाकोटमा भयानक सवारी दुर्घटना, ३ गाडी एकैठाउँ ठोक्किए

Severe Three-Vehicle Collision in Gaindakot, No Fatalities Reported

Kathmandu – A serious traffic accident occurred near Hanuman Mandir in Gaindakot Municipality Ward No. 9, Nawalpur, along the East-West Highway. Fortunately, there were no fatalities reported. Injured individuals have been sent to the hospital for treatment. According to Anil Pandit, spokesperson and DSP at the District Police Office, Nawalpur, a bus bearing registration number Lumbini Province 01-001 Kh 0910, traveling from Nepalgunj to Kathmandu, collided with a tractor with registration Bagmati Province 01-028 Cha 5004 going from Gaindakot towards Bhendabari, and a truck with registration number Ba 3 Kh 3163 traveling in the same direction.

The accident occurred at 6:45 a.m. today and involved injuries to the drivers of all three vehicles. Additionally, 8 to 9 passengers suffered minor injuries. The police are continuing to collect detailed information. DSP Pandit reported that the truck driver, 32-year-old Indra Tamang from Ramechhap; the bus driver, 41-year-old Mohansingh Balami Magar from Nepalgunj Metropolitan City Ward 20, Banke; and the tractor driver, 33-year-old Darshan Kapri from Bharatpur Metropolitan City Ward 12, Chitwan, were all injured. Kapri sustained a chest injury while the bus and truck drivers suffered injuries in both legs. The condition of all three drivers is stable. Other passengers on the bus were also slightly injured. As of the report, all three vehicles remain on the roadside, but police have confirmed that traffic flow is not disrupted.

Today’s Wholesale Prices for Vegetables and Fruits Are as Follows

March 29, Kathmandu — The Kalimati Fruit and Vegetable Market Development Committee has set the wholesale prices for agricultural produce for today. According to the committee, the prices per kilogram are as follows: large tomatoes (Indian) NPR 75, small tomatoes (local) NPR 30, small tomatoes (Indian) NPR 35, small tomatoes (Terai) NPR 40, red potatoes NPR 20, red potatoes (Indian) NPR 22, and dried onions (Indian) NPR 36.

Similarly, the prices for other vegetables are: carrots (local) NPR 35, carrots (Terai) NPR 25, cabbage (local) NPR 30, cabbage (Narival) NPR 25, cauliflower (local) NPR 65, cauliflower (local, Jhyapu) NPR 80, cauliflower (Terai) NPR 50, white radish (local) NPR 20, white radish (hybrid) NPR 30, long eggplant NPR 60, and round eggplant NPR 70.

Additionally, the prices for other produce include: yardlong beans NPR 80, peas NPR 70, local winged beans NPR 90, hybrid winged beans NPR 80, rajma winged beans NPR 100, flat beans NPR 75, bitter melon NPR 150, bottle gourd NPR 80, parwar (Terai) NPR 100, and ghiroula NPR 90 per kilogram. Ripe pumpkins are priced at NPR 60 per kilogram, long green pumpkins at NPR 40, round green pumpkins at NPR 30, okra NPR 120, sugarcane melon NPR 70, bäräla NPR 70, pindalu NPR 60, and skus NPR 50.

Process to Transfer Funds from Dormant Bank Accounts to the State Treasury

The new government’s 100-point action plan on public administration reform includes a measure to transfer funds from dormant bank accounts to the state treasury. The spokesperson for Nepal Rastra Bank has stated that implementing this measure will require necessary legal amendments. The 78th point of the cabinet-approved action plan states: “To effectively utilize the state’s dormant resources, banks and financial institutions must collect details of accounts inactive for 10 years or more, and any unclaimed funds after completing legal procedures should be transferred to the state treasury. Additionally, other sources should be identified and managed, with this process to be completed within 90 days.”
Central bank officials report that there are “more than 10 million” such accounts, containing “billions of rupees.” Nepal, with a population of nearly 30 million, reportedly has over 60 million bank accounts, according to Nepal Rastra Bank.
Nepal Rastra Bank spokesperson Gurupraj Paudel emphasized that legal provisions must be added and amended to implement the government’s announcement, noting that the government is expected to propose such changes. Krishna Raj Acharya, an economics professor at Tribhuvan University, commented that while the proposal is theoretically sound, Nepal needs to consider its international financial commitments and established global practices.
“Furthermore, transferring individual savings to the state treasury is not a straightforward matter. The existing 20-year dormancy period is being reduced to 10 years, so further clarification is needed on this,” said Professor Acharya. However, he added, “This is a beneficial measure for a country like Nepal. For nations with weak economies, such small sources provide an effective means to mobilize resources.”

७१औं वर्षमा पत्रकार महासंघ, सरकारले सञ्चारसम्बन्धी कानुन ल्याउने अध्यक्ष शर्माको विश्वास

On 71st Anniversary, Press Federation Chairperson Sharma Expresses Confidence in Government to Enact Media-Related Laws

March 30, Kathmandu – The Nepal Press Union, the common institution representing Nepali journalists, is celebrating its 71st founding anniversary today. On this occasion, the union has organized various programs across the Kathmandu Valley and nationwide. President Nirmala Sharma issued a message highlighting the responsibility of accountable journalism. She appealed to everyone to ensure the public’s right to accurate information and to fulfill the role expected by society.

With a history spanning seven decades, established as the country’s oldest and leading civil organization, the union has continuously worked to protect press and expression freedom while dedicating itself to the welfare of working journalists, President Sharma stated in her congratulatory message. “We are prioritizing efforts to establish strong democracy and the rule of law through professional and accountable journalism,” she wrote in the message. “The union has played a prominent role in protecting human rights, safeguarding citizens’ right to accurate information, and addressing public interest issues.”

Emphasizing that journalists and journalism are inherently linked to democracy, President Sharma said, “In some instances, it may be necessary to express opinions on public interest matters beyond professional responsibilities.” She added, “It is our duty to resist any attempts by any arm or level of the state to curtail or control constitutionally guaranteed press and expression freedoms under any pretext.” “Even a decade after the implementation of the democratic constitution, incidents compromising press freedom are increasing, and the union remains committed to opposing such violations,” she stressed.

Following the recently concluded House of Representatives election, the union has expressed confidence in the newly formed government holding nearly a two-thirds majority to end the longstanding political instability. Likewise, President Sharma urged the government to bring forward media-related and other essential laws after consulting with the union and stakeholders, as these have long been pending. She also highlighted the need to boost morale by ensuring compensation for media houses and journalists who suffered during the Janjati movement struggles and various accidents, based on data collected by the union.

With the advancement of information technology, the use of social media has increased the challenge of the spread of misinformation. In this context, President Sharma stated it is the union’s responsibility to uphold its dignity and bring the legacy to new heights by practising responsible journalism. She further noted that the union is actively working to strengthen relationships with national and international organizations to ensure the physical and professional safety of journalists. Additionally, she informed that the union has initiated efforts to include all media outlets and working journalists in the Social Security Fund.

Impact of the Strait of Hormuz Crisis on the Internet

Video caption begins, Impact of the Strait of Hormuz crisis on the Internet

Impact of the Strait of Hormuz Crisis on the Internet

The Strait of Hormuz crisis extends far beyond petrol and gas issues.

It could slow down your WiFi service and cause disruptions in digital payments and banking apps.

It may even affect streaming services and impact your overall digital experience.

Watch the video.

Subscribe to our YouTube channel and watch published videos here. You can also view our content on Facebook, Instagram, and Twitter. Additionally, you can listen to Nepali service broadcasts from Monday to Friday at 8:45 PM on the radio.

पतञ्जली मुद्दामा विशेष अदालतको आदेश– बहस नोट पेश गर्नू

Special Court Orders Submission of Debate Notes in Patanjali Corruption Case


March 29, Kathmandu – The Special Court has ordered both parties to submit their debate notes in the corruption case involving former Prime Minister Madhav Kumar Nepal and others.

The bench of the Special Court, comprising members Hemanta Rawal, Dilliratna Shrestha, and Umesh Koirala, directed both the prosecution and the defense to present their debate notes.

The Commission for the Investigation of Abuse of Authority (CIAA) had alleged corruption in the Patanjali case for the sale and exchange of land exceeding legal limits. Additionally, it was accused that there was inducement to purchase land beyond stipulated limits and to prepare false documents. The CIAA also implicated staff members of the Land Revenue Office in Kavre district in the case.

The CIAA raised questions over the roles of former Prime Minister Madhav Kumar Nepal, then Law Minister Prem Bahadur Singh, Land Reform Minister Dambar Shrestha, and Chief Secretary Madhav Prasad Ghimire.

Furthermore, individuals who purchased land through these exchanges have also been charged with corruption, leading to the filing of the case.

Nepali Congress Schedules Central Disciplinary Committee Meeting

The Nepali Congress has called a Central Disciplinary Committee meeting for Wednesday, Chaitra 18, at 1 PM. Acting General Secretary Krishna Prasad Dulal informed that the meeting will be held at the party’s central office in Sanepa. The purpose of this meeting is to discuss matters related to the party’s internal discipline.