KATHMANDU, March 27: The government has decided to form a powerful asset investigation committee within 15 days as part of its anti-corruption drive, with a mandate to examine the wealth of political leaders and public officials dating back to 1991.
The decision, made public on Friday under the 100-point governance reform agenda, states that the committee will be constituted under the Office of the Prime Minister and Council of Ministers.
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The panel will comprise experts from the fields of law, finance, revenue and investigation, along with representatives from relevant agencies. It will be vested with full authority to collect documents, conduct analyses and make recommendations.
According to the plan, the first phase of the investigation will cover the assets of key political office-bearers and senior officials who have held public office from the fiscal year 2006/07 to the current fiscal year 2025/26.
In the second phase, the assets of officials who served in similar positions between 1991 and 2005/06 will be examined.
The investigation process will be guided by legal standards and evidence, with action to be initiated against those found guilty through the concerned authorities based on the committee’s report.
As part of the broader reform package, the government has also pledged to restructure the National Vigilance Centre within 30 days.
