Property Investigation Commission Issues Notice for Asset Disclosure

Kathmandu. The Property Investigation Commission, 2083, has issued a public notice asking individuals who held public office from the fiscal year 2062/63 to the end of Chaitra, 2081, to submit their asset details. The commission has sought details of assets held in the name of political office-bearers, employees, and their families, both within the country and abroad, who were in service or retired during the specified period.

Former Prime Ministers, Deputy Prime Ministers, Ministers, State Ministers, and Assistant Ministers of the then Royal Government of Nepal and the Government of Nepal. In addition, former Members of Parliament and Constituent Assembly members will have to submit their asset details. From Provincial Heads to Chief Ministers to Assistant Ministers, Provincial Assembly members to other office-bearers, Attorney General to Provincial Chief Attorneys, District Development Committee to current District Coordination Committee office-bearers, local level chiefs, chairpersons, and deputy chiefs will also have to submit asset details.

According to the notice published by the Property Investigation, heads and office-bearers of constitutional bodies, former judges, Attorney General, and Chief Attorneys will have to submit asset details. Similarly, gazetted first-class (Joint Secretary) or above employees of the Civil, Parliament, Health, or National Human Rights Service. In addition, gazetted second-class (Deputy Secretary) employees who have worked as office chiefs, and gazetted first and second-class officers of Nepal Police, Armed Police Force, and National Investigation Department will have their assets investigated.  

Heads and employees of Nepali embassies and diplomatic missions will also be investigated. If they have worked as office chiefs, deputy secretary-level employees of all services will also be included in the investigation. The same rule will apply to security agencies. In cases where they have not been office chiefs, the limit is set for joint secretary-level officials.

Governor, Deputy Governor, Directors, and high-ranking officials of Nepal Rastra Bank, and chairpersons, directors, executive directors, and general managers of government banks, financial institutions, public institutions, corporations, boards, and committees will be subject to asset investigation. In addition, office-bearers and high-ranking employees of universities and institutions receiving grants from the Government of Nepal are also within the scope of asset investigation.  

The President and Vice President are not on the list of those whose positions will be investigated. However, including them, advisors, private secretaries, personal secretaries, and similar office-bearers of all bodies will also have their assets investigated.  

What details need to be submitted?

The concerned individual will have to submit documents revealing ancestral and acquired movable and immovable property held in their name and their family members' names, along with their sources (salary, allowances, foreign travel, land and buildings, shares, business, loans, remittances, etc.).

Within 30 days from the date of publication of the notice, details can be submitted by appearing in person at the Commission's office (Keshar Mahal, Kathmandu), through a representative, or by post.