Police arrested investors who staged a sit-in protest at the Nepal Stock Exchange (NEPSE) office in Bhadrakali on Friday. The group demanded the implementation of the recommendation report on the capital market, which was prepared by a task force led by Shivaraj Shrestha, the former deputy governor of Nepal Rastra Bank.
Protesters in front of NEPSE
Despite NEPSE’s company secretary inviting the protesters to attend a discussion with NEPSE authorities, they insisted on only talking with the NEPSE Chairperson and continued their protest in a restricted area. The arrested investors were Tilak Koirala, Nayan Bastola, and Arjun Koirala.
Koirala stated that they gathered to pressure the concerned authorities to implement the 58-point recommendation provided by the report in a letter. The report, which was created five years ago, suggested necessary government policy and structural reforms to stabilize the capital market and restructure the financial sector.