Nepal's inclusion in FATF grey list sparks Oppn's call for Oli resignation

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Nepal's inclusion in FATF grey list sparks Oppn's call for Oli resignation - Business Standard

Quick Summary:

Nepal was on the FATF grey list from 2008 to 2014.

Last week, Nepal's Finance Minister Bishnu Paudel had expressed commitments by forwarding a series of reforms aimed at improving its anti-money laundering and counter-terrorism financing efforts.

In order to avoid these kind of trend, demonetization of 500 and 1000 rupees notes and the investigation should be carried out on the cases of corruption that has rocked the nation over time in order to save international image," he added.