Ministers’ asset details spark controversy, calls grow for transparency
Summarized and contextualized by DistantNews.
TLDR
- The disclosure of asset details by Nepal's Prime Minister Balendra Shah and his cabinet has sparked public controversy, with many questioning the sources of their wealth.
- While asset declarations are mandatory within 60 days of taking office, making them public is not required by the Corruption Prevention Act.
- Protesters are demanding transparency and an investigation into how ministers acquired their properties.
The recent unveiling of property details by Prime Minister Balendra Shah and his cabinet members has ignited a firestorm of public concern and criticism across Nepal. While the act of disclosing assets so soon after assuming office is a departure from previous practices, the nature and extent of these holdings have raised significant questions about their origins.
In contrast, income statements submitted to the Inland Revenue Office and tax clearance records provide a more credible, transparent, and verifiable basis for assessing financial integrity.
According to the Corruption Prevention Act, public office holders are required to submit their property details within 60 days of taking office. However, the law does not mandate the public disclosure of these assets. This distinction has fueled suspicion, with many citizens and social media users demanding to know how the prime minister and ministers amassed their wealth, particularly concerning land, gold, cash reserves, and vehicles.
A group of students has taken to the streets, protesting and calling for an impartial investigation into the sources of the declared assets. Their demands highlight a growing public appetite for transparency and accountability in governance. The controversy is further amplified by comments from former finance minister Rameshore Khanal, who noted that asset declarations can be unreliable, suggesting that income statements and tax clearance records offer a more credible basis for financial integrity assessment.
When you are born poor, that is not your fault; but if you die poor, that is your fault. Earning wealth without corruption before joining the government is not a sin; earning through corruption after joining government is a sin.
Adding to the debate, Home Minister Sudan Gurung defended his property details by stating that wealth earned before joining government is not a "sin." While acknowledging that dying poor is a fault, he asserted that earning wealth ethically prior to public service is permissible. However, this statement has drawn criticism, with figures like Raksha Bam advising the minister to reconsider his remarks, reflecting a broader public sentiment that expects a higher standard of scrutiny and justification for wealth accumulated by those in power.
We are fed up with the tendency to blame the
Originally published by Kathmandu Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.