Ex-minister held over money laundering


Former finance minister Bishnu Prasad Paudel was arrested on charges of money laundering, police said, as the country’s Gen Z-backed government steps up a crackdown on alleged corruption under previous administrations.

Paudel, 66, a senior leader of the Communist Party of Nepal (UML) and a key figure in the former KP Sharma Oli government, was detained from a hotel in western Nepal, police said.

Police spokesperson Abi Narayan Kafle said on Monday that Paudel was being brought to Kathmandu and would subsequently be han­ded over to the Department of Money Laundering Investigation.

His arrest comes months after Oli’s government was toppled following deadly anti-graft protests in which at least 76 people were killed and more than 2,500 injured, with several government buildings, including parliament, set ablaze.

Oli and his home minister were arrested for failing to prevent the violence. Both are now out on bail. — Reuters

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Asean News Headlines at 10pm on Tuesday (June 23, 2026)

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