Kathmandu — Prime Minister KP Sharma Oli has said that coordinated efforts among relevant bodies related to the money laundering prevention system are essential for reducing financial crimes.

Giving a message of best wishes on the occasion of the First National Money Laundering Prevention Day, 2081, Prime Minister Oli emphasized on coordination among the indicator organizations, regulatory bodies, law enforcement agencies and judicial bodies affiliated with this system.

‘The money laundering prevention system must work effectively to maintain financial cleanliness by preventing the entry of assets obtained from criminal activities into the financial system,’ Prime Minister Oli’s message said. ‘As the criminal use of assets poses a challenge to the economy as well as the integrity of governance, I express my best wishes that it will further increase its effectiveness in preventing it and provide further encouragement to maintain financial cleanliness in the coming days.’

He also urged all those who do their profession, trade and business with good intentions to work confidently in their professional and professional lives without being distracted.

This day was celebrated for the first time under the organization of the Money Laundering Investigation Department with the main slogan ‘Transparency in Financial Activities, Commitment to Preventing Money Laundering’. The Government of Nepal has decided to celebrate this day on Magh 14 every year from this year, on the occasion of the promulgation of the Money Laundering Prevention Act, 2064 BS.