The Central Committee of the CPN-UML has urged the government to withdraw its proposal to not seek the source of money from investors who invest in infrastructure projects and projects of national importance.

Minister of Finance Janardan Sharma had tabled the bill to amend the Income Tax Act proposing not to seek the source of money from investors who invest in infrastructure projects.

Chief of UML Publicity Department Yogesh Bhattarai told mediapersons after the central committee meeting that the government's proposal to exempt investors from showing the source of their money was a violation of domestic laws, as well as international conventions that Nepal was party to.

He said the country could be blacklisted by foreign agencies for supporting such a proposal which could encourage those who indulge in amassing black money and discourage those who genuinely earn and invest their money.

Bhattarai said the party's apex body endorsed all three documents -- political document presented by Oli and proposals related to party organisation and party statute presented by other leaders. He said 5,000 leaders and cadres were supposed to take part in the statute convention scheduled to be held in Kathmandu from October 1 to 3.

He said the main message of the political report was that the party would strive to achieve the goals of socialism by completing the remaining goals of people's multi-party democracy.

He said the UML would regularly organise trainings to educate cadres on political ideology, as it had realised that the factional feud in the party intensified because it had failed to regularly educate its cadres.

Bhattarai said the party's statute would be amended by the statute convention. He said suggestions had been made to have seven vice-chairpersons in the party.

A version of this article appears in the print on September 27 2021, of The Himalayan Times.