Kathmandu, November 14:

Nepal police today handed over a comprehensive report on the security management of banks and financial institutions to the finance ministry. Inspector General of Nepal Police Shyam Bakta Thapa handed over copies of the report titled Study Report on the Security Management of Banks and Financial Institutions in the Kingdom of Nepal to the finance minister, Madhukar Shamsher Rana, Nepal Bank governor Bijaynath Bhattarai and home secretary Bal Krishna Prasai.

Rana said that the sound security could be managed only by the coordination of government and non-government bodies. “Good security management requires good mechanism, discipline and skill,” he said, expressing belief that the report would be fruitful in ensuring security in financial institutions. The Home secretary said that the report would be a milestone in managing security for financial institutions in the country. “The home ministry will pay serious attention in implementing the report,” he added.

IGP Thapa stated that the report was prepared after conducting field study at 38 different places of the country over a period of one-and-a-half years. He also announced that Nepal Police would establish a separate group of skilled police personnel to prevent crimes related to financial institutions as well as to launch investigations into such crimes.