Former PM Deuba Denies Money Laundering Allegations

Kathmandu. Former Prime Minister and Nepali Congress President Sher Bahadur Deuba has addressed the money laundering investigation initiated by the government against him and his family.

He has dismissed the reports regarding his assets as 'misleading and false'.

On Wednesday evening, Deuba stated on Facebook that he has submitted accurate details of his assets to the relevant government agencies while holding public office, in accordance with Nepali law. 'I would like to inform you that misleading and false propaganda is being spread about me and my family regarding property matters,' he wrote.

Deuba stated that he has spent his entire life struggling for the establishment of a democratic system, the rule of law, an independent judiciary, transparency, and the belief that state organs should be independent and capable. He described his life as an open book.

He recalled that he took the initiative to implement the Commission for the Investigation of Abuse of Authority Act while serving as Home Minister in 2048 BS and the Prevention of Corruption Act, 2059 BS during his tenure as Prime Minister to build a corruption-free society and ensure good governance.

Noting that he is currently abroad for medical treatment and that the process is ongoing, Deuba wrote that the reality will emerge over time. He has appealed to the public not to be misled by exaggerated reports.

His statement comes after the government initiated a money laundering investigation against the Deuba couple.