HoR endorses Upper House’s amendment on banking crime bill

Kathmandu: The House of Representatives approved the amendment made to the Banking Crime (second amendment) bill, 2080, by the National Assembly on Sunday.

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel tabled a proposal at HoR meeting, seeking endorsement of the amended bill, to which the HoR members responded positively.

In response to the queries raised by the lawmakers in the deliberation, Minister Paudel made it clear that the bill would be effective once the inputs from the Upper House were incorporated.

Earlier, lawmaker Prem Suwal opined that if the migration was limited within the district along with balanced development, the country could see a fall in banking offences. Another lawmaker Ahmad Faruqi, stressed the need for incorporating the suggestions from the National Assembly.

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