Kathmandu, Dec. 4
The Ministry of Finance (MoF) of
Nepal has directed Rastriya Jeevan Beema Company Limited, government promoted
insurance company, to complete its audit within four months from now.
Speaking at a meeting held today
at the MoF, attended by officials from the company, Deputy Prime Minister and
Finance Minister, Bishnu Prasad Paudel, said that prolonged delays in conducting
audits will do good to none. He instructed stakeholders to provide necessary
support to ensure the audit is completed on time.
The company has not conducted its
audit since the fiscal year 2014/15.
The meeting also decided that the
company’s Annual General Meeting (AGM) will only take place once the final
audit is concluded.
The meeting was attended by the representatives
from the Office of the Auditor General, insurance sector regulator Nepal
Insurance Authority, MoF, and officials from the company.
Published in The Rising Nepal daily on 5 December 2024.
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