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Government forms taskforce to combat loan sharking

2022 Aug 12, 16:58, Kathmandu
Representative Image (photo credit: Flickr)

The government has formed a task force to take steps for the containment of loan sharking. The six-member task force formed by Home Minister Bal Krishna Khand at the direction of Prime Minister Sher Bahadur Deuba is coordinated by Home Ministry's joint-secretary Dr. Bhishma Bhusal. It follows the ministry-level decision.

Nepal Police Central Investigation Bureau's Senior Superintendent Dinesh Acharya, Home Ministry's under-secretary (law) Shree Krishna Poudel, Kathmandu Valley Crime Investigation Office's Superintendent of Police Krishna Prasad Koirala, and National Investigation Department's deputy-investigation director Mukund Marhattha are its members.

Likewise, CIB Deputy Superintendent of Police Roshan Khadka has been designated as the taskforce member-secretary.

Prime Minister Deuba this morning summoned the Home Minister, Inspector General of Police, Dhiraj Pratap Singh, Armed Police Force Inspector General, Raju Aryal, and Home Ministry's joint-secretaries and directed them to assess ways for resolving the problem, bringing those involved in the practice of lending money at unreasonably high-interest rates under the purview of law and for preventing it in the future, too.  The formation of the task force follows the same order from the Prime Minister.

The task force has been assigned to submit a report within a week.

It will visit those districts reporting the incidences of loan sharking, and find out its causes for the solution. It will establish inter-bodies coordination to book those involved in this practice and recommend ways for containing the crime in the future.

Task force loan sharking Sher Bahadur Deuba Dr. Bhishma Bhusal Kathmandu Central Investigation Bureau Home Ministry crime
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