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Joint efforts of all needed to remove it from ‘grey list’: Auditor General Raya

. Auditor General Toyam Raya has said that all stakeholders should coordinate to remove Nepal from the ‘grey list’ related to money laundering.

Addressing the swearing-in ceremony of the elected president and vice-chairperson for the third term of the tenth council of the Institute of Chartered Accountants of Nepal (CAAN), he said Nepal could be eliminated from the financial action task force for the prevention of money laundering in the grey list only through joint efforts.TAG_OPEN_div_24

He said, “The Institute of Chartered Accountants can also play a significant role in removing Nepal from the grey list by doing honest auditing and other activities.”TAG_OPEN_div_22 I expect the organization to play an effective role in this. ”

Auditor General Raya also urged the government to honestly expose the possible anomalies and anomalies in the activities including auditing.TAG_OPEN_div_20 He added that necessary amendment process would be forwarded for the amendment of the Act as the Act of Chartered Accountants of Nepal was not up to date.

Securities Board of Nepal (SEBON) Chairman Dr Gopal Prasad Bhatta urged banks and financial institutions (BFIs) and private and public companies to carry out the auditing in an impartial and honest manner.TAG_OPEN_div_18

Outgoing president CA Neel Bahadur Saru Magar said that he had tried to enhance the prestige of the organization during his tenure.TAG_OPEN_div_16 He handed over the ‘President’s Medal’ to newly-elected President CA Ananda Raj Sharma Wagle and assumed office of the office.

Newly TAG_OPEN_div_14 elected President Wagle expressed his commitment to move ahead by further strengthening the professionalism maintained since the establishment of the organization. He also administered the oath of office and secrecy to newly-elected vice-president CA Hem Kumar Kafle.

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