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Dozens of Nepalis invested in tax havens overseas

Tsering D Gurung, Jan 17
More than 50 Nepalis have invested in offshore companies, exploiting secretive tax regimes and breaking Nepal’s law which bars investment in foreign countries, an investigation by the Centre for Investigative Journalism-Nepal has found. The report ‘Nepal Leaks 2019: Illegal Wealth Watch,’ based on an analysis of over 3,000 financial and court documents and interviews with over 70 individuals, was published on Wednesday night.
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