asset recovery bill in the cabinet

22 January, Kathmandu. In order to discourage the practice of acquiring illegal property, a bill to amend 18 different laws will be presented before the Council of Ministers on Monday.

The Law Ministry on Sunday approved the draft bill and registered it with the Prime Minister’s and Council of Ministers’ Office.

According to the Prime Minister’s Office and the Council of Ministers, bills submitted to the Council of Ministers are ready for submission to the Bills Committee for quarterly discussion.

One minister each from the ruling party and secretaries of the concerned ministries are present in the committee headed by the law minister.

After discussion in the committee, the bill will again be presented to the Council of Ministers and approved from there and registered in the Federal Parliament.

According to a secretary in the Prime Minister’s Office, the bill, which is set to be submitted to the federal parliament secretariat within a week, will be the first to be introduced in parliament by this government.

Source: OnlineKhabar

Himal Sanchar