Nepal’s Former Finance Minister Arrested Over Money Laundering Allegations

Nepalese police have arrested the country’s former finance minister in connection with an ongoing investigation into alleged money laundering and financial misconduct, authorities said.

The arrest marks a significant development in a widening probe into suspected corruption and illicit financial activity involving high-profile political and business figures in the country.

According to police officials, the former minister was taken into custody following months of investigation into suspected irregular financial transactions. Authorities allege that the case involves the movement of large sums of money through complex channels, raising concerns about compliance with national anti-money laundering laws.

Law enforcement officials confirmed that the suspect is currently being held for questioning as investigators continue to gather evidence, including financial records and transaction data linked to the case.

While authorities have not yet disclosed full details of the alleged offences, they indicated that the investigation is ongoing and may involve additional individuals connected to financial and political institutions.

The arrest has sparked widespread public attention in Nepal, where corruption and financial accountability remain key political issues. Anti-corruption agencies have intensified efforts in recent years to tackle high-level financial crimes and improve transparency in governance.

Officials said further updates would be provided as the investigation progresses and legal proceedings move forward.

The case is expected to test Nepal’s judicial and anti-corruption systems, particularly in handling allegations involving senior former government officials.