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NRB investigating over 1,500 suspicious transactions

File: Nepal Rastra Bank (NRB), the central bank of Nepal
File: Nepal Rastra Bank (NRB), the central bank of Nepal

Kathmandu, May 1

The Financial Information Unit of the Nepal Rastra Bank (NRB) has said it received 1,556 suspicious financial transaction reports in eight months of the current fiscal year.

During the period, 465 reports were reviewed, 265 were documented and 119 have been sent to the law implementing bodies for investigation.

Meanwhile, the NRB says to the date, the total internal borrowing liability was Rs 60.57 billion and internal debt worth Rs 29.24 was cleared.

Similarly, as the guidelines aim to increase supervisory effectiveness for the prevention of money laundering and financial investment in terrorist activities, 15 commercial banks were supervised by the central bank during the period.

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