Nepal PM Shah's Cabinet Assets Disclosure Sparks Public Backlash

Nepal PM Shah, members of Cabinet discloses assets, draws criticism | World News

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Kathmandu, Nepal - Prime Minister Balen Shah and members of the Rastriya Swatantra Party-led Cabinet have made their property details public, in line with their commitment to transparency after coming to power.

The Office of the Prime Minister and Council of Ministers released the disclosures on Sunday, in line with Section 50 of the Corruption Prevention Act, which requires public officials to submit their asset details within 60 days of assuming office.

However, the huge cash and non-cash property made public by the Balen Cabinet has invited criticism from different quarters.

Prime Minister Shah has disclosed ₹14.6 million deposited in his bank account, with income sources mentioned as earnings from digital platforms, including Facebook and YouTube.

Finance Minister Swarnim Wagle has disclosed share investments worth ₹19 million and bank deposits of around ₹9 million, along with a residential house in Lalitpur worth ₹20 million and land in multiple locations valued at ₹107.5 million.

Home Minister Sudan Gurung has mentioned ₹43.1 million in share investments, land in three districts, and 89 tolas of gold.

A group of leftist students staged a protest in Kathmandu demanding that the sources of the publicly declared assets be disclosed and that an impartial investigation be conducted to ascertain how the ministers gathered their wealth.