Lawmaker Questions How Billions in Share Trading Occurred Without Payment for Years
Limā Adhikārī, a Member of Parliament from the Rastriya Swatantra Party (RSP), has questioned the regulatory oversight of the Securities Board of Nepal (SEBON). She demanded an explanation for how share transactions amounting to billions of rupees were conducted for years without the necessary payments being made. The issue was raised during a meeting of the Finance Committee of the House of Representatives. Adhikari specifically sought clarification on SEBON's actions and its role in regulating and developing the securities market during the fiscal year 2082/83 BS (2025/26 AD). The lawmaker's inquiry highlights concerns about potential systemic weaknesses or regulatory failures within Nepal's capital markets, where significant trading volumes may have proceeded without proper financial settlement. This situation raises questions about market integrity and the effectiveness of SEBON's supervisory functions. The committee's proceedings aim to address these regulatory gaps and ensure greater accountability in financial dealings. Further details regarding the specific period and the extent of the alleged non-payment are expected to be clarified.
This inquiry into potentially long-standing share trading without payment points to a critical need for robust regulatory enforcement and transparent settlement processes in Nepal's capital markets. The situation, if substantiated, suggests a potential gap between market activity and oversight, which could undermine investor confidence and market stability. Future regulatory frameworks should prioritize real-time transaction monitoring and stringent auditing to prevent such occurrences. Addressing these systemic issues proactively is crucial for fostering a mature and trustworthy financial ecosystem, especially as Nepal seeks to attract domestic and foreign investment in its developing economy.
AI-generated to prompt reflection — not editorial opinion, not advice, not a statement of fact. How this works.