Kathmandu, Apr. 20
The Federation of Nepalese Chambers of
Commerce and Industry (FNCCI) has demanded removal of a clause from the bill
formulated to amend the Commission for the Investigation of the Abuse of
Authority (CIAA) Act-1992.
A delegation led by President of the FNCCI
Chandra Prasad Dhakal held a meeting with Deputy Prime Minister and Defense and Law Minister Purna
Bahadur Khadka at the latter's office in Singha Durbar on Thursday to put forth
the demands of the private sector businesses regarding the draft of the new law
of the antigraft body.
Dhakal said that when the CIAA is not
allowed by the constitution to look into the private sector but the government,
through the amendment bill of the law related to the anti-graft body, has been
proposed to investigate the private business.
"This will deteriorate the investment
environment and affect the economy of the country," he said.
He
also drew the attention of DPM Khadka to the fact that this type of arrangement
would discourage businesspersons and investors at a time when the private sector
was facing multitudes of problems.
During the meeting, DPM Khadka informed
that the law would be amended in a way it wouldn't discourage the pirvate
businesses and investment.
He also maintained that the government would
take the required initiative by taking into consideration the suggestions of
the FNCCI. The delegation included newly elected vice presidents Sur Krishna
Baidya, Hemraj Dhakal and Jyotsna Shrestha, Treasurer, Nirak KC and executive
committee members.
Published in The Rising Nepal daily on 21 April 2023.
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