Govt to designate watchdog for money laundering

INSUBCONTINENT EXCLUSIVE:
Kathmandu, December 26 The government has decided to designate a regulatory body for prevention of money laundering through financial
institutions and due to oversight of non-financial business and professionals. Speaking at a press conference organised in Singha Durbar
today to disclose the 23 December meeting of the Council of Ministers, Minister of Communications and Information Technology Gokul Prasad
Baskota, who is also the government spokesperson said it would come into force upon publication of a notice in the Nepal Gazette
The Cabinet has approved the Public Procurement (Ninth Amendment Rules)-2019. Minister Baskota said the government would also prescribe an
agency and pattern for the implementation of Small-scale Development Project agreed by Nepal and India
A five-member talks team led by joint secretary of International Economic Cooperation Division at the Ministry of Finance has been formed to
hold dialogues with Accredited Entity of FAO to receive USD 39.3 million in grant assistance to be provided by Green Climate Fund. In yet
another decision, the government has granted permission to fix the purchase price of sugarcane at Rs 563.56 per quintal for the fiscal
2019-20. The Cabinet has also granted approval for the Ministry of Home Affairs to formulate new Arms and Ammunition Bill. Dr Chandramani
Adhikari has been appointed executive director of the Shahid Gangalal National Heart Centre. The government has also decided to nominate Dr
Harihar Wosti, Dr Sandhya Chapagain, Dr Suprabhat Shrestha and Dr Pranit Pokhrel as members of the Nepal Medical Council, while Dr Krishna
Prasad Adhikari was nominated its registrar. The Cabinet has decided to approve a proposal for procurement of equipment related to security
printing under government-to-government model
Governments of France and Germany have submitted their proposals for the procurement deal. The post Govt to designate watchdog for money
laundering appeared first on The Himalayan Times.