Formation of 'Financial Investigation Bureau' for Financial Crime Investigation, Announces Home Minister Ramesh Lekhak

Home Minister Ramesh Lekhak has announced the formation of a 'Financial Investigation Bureau' to specialize further in the investigation of financial crimes. During a press conference held at the Ministry of Home Affairs in Singha Durbar, Minister Lekhak stated that a separate bureau is necessary due to the recent increase in financial crimes.

Key Highlights:

Formation of the Financial Investigation Bureau:

• A separate 'Financial Investigation Bureau' will be established due to the rising trend in financial crimes, helping to specialize and enhance financial crime investigations.

Reforms in Police Act and Armed Police Force Act:

• The Police Act bill will be finalized in a Cabinet meeting and registered in Parliament.

• Plans to finalize the Armed Police Force Act and send it to the Cabinet.

• Efforts are underway to revise old police laws and send the final draft to the Cabinet.

Supreme Court Order and Writ Petition:

• Some police officers filed a petition in the Supreme Court, leading to an interim order which, according to the ministry, does not align with principles; therefore, a vacate petition has been submitted.

• It was emphasized that the Supreme Court's orders are binding on everyone and that it directed to align the provisions in the rules with those in the law.

Home Minister Lekhak reiterated the government's commitment to controlling and improving financial crimes in the country and stated that the government is actively working to update the relevant legal frameworks.