Coordination among bodies concerned vital for anti-money laundering efforts: PM Oli
PM Oli underscored on coordination among the informant organisation, regulatory agency, law enforcement bodies related to the anti-money laundering system as well as the judicial bodies.
KATHMANDU: Prime Minister KP Sharma Oli has said coordinated efforts were inevitable among the bodies concerned with anti-money laundering for minimizing the financial crime.
In a message of best wishes on the occasion of the Prevention of Money Laundering First National Day, 2025, PM Oli underscored on coordination among the informant organisation, regulatory agency, law enforcement bodies related to the anti-money laundering system as well as the judicial bodies.
“The mechanism for the prevention of money laundering should carry out works effectively for maintaining financial integrity and transparency by preventing the entry of assets acquired through criminal activities,” reads the PM’s message.
He wished that may the Day provide further encouragement to increase the effectiveness in the prevention of money laundering and to maintain financial hygiene in the coming days since criminal use of wealth posed a challenge to the economy as well as transparency in governance.
He has urged all those involved in their profession and doing business with good intentions to work freely in their professional and business life without getting distracted.
Prime Minister Oli’s message was read out at the programme venue.
The Prevention of Money Laundering National Day is observed for the first time under the slogan ‘Transparency in Financial Activities, Commitment to Prevention of Money Laundering’, under the aegis of the Department of Money Laundering Investigation (DMLI).
On the occasion of the promulgation of the Prevention of Money Laundering Act, 2064 BS, the Government of Nepal has decided to observe the 14th of Magh in Nepali calendar every year as the Prevention of Money Laundering National Day.
