March 17: Police have arrested share investors who went to the Bhadrakali-based Nepal Stock Exchange (NEPSE) Office building to stage a sit-in protest on Friday.
A group of investors had reached the NEPSE building to picket it, demanding implementation of the recommendation report on capital market prepared by the taskforce coordinated by Shivaraj Shrestha, erstwhile Deputy Governor the Nepal Rastra Bank.
According to Police Inspector Deependra Shrestha at the Police Circle, Anamnagar, police held three stock investors who staged the sit-in protest in the prohibited area of the NEPSE building.
The arrested are Tilak Koirala, Nayan Bastola and Arjun Koirala. Although NEPSE's company secretary Murahari Parajuli urged the protesting investors to attend a discussion meeting with him and other NEPSE authorities, the investors insisted that they will only talk to the NEPSE Chairperson and continued with their sit-in protest in restricted area.
Arrested investor Tilak Koirala informed that they were in the NEPSE building to demand implementation of the 58-point recommendation furnished by the report. “We staged the sit-in to press the concerned authorities for the report's execution," Koirala said.
Fifty-eight-point report was prepared some five years ago and it had recommended the government policy reforms and structural reforms needed to end volatility in the capital market and reform financial sector. ----RSS