Half of Federal Capital's Candidates Yet to Open Election Bank Accounts
Summary
Half of the candidates in Kathmandu for the upcoming House of Representatives election have not opened election-specific bank accounts as mandated by the Election Commission for financial transparency.
Key Points
- 250 candidates registered nominations across Kathmandu's 10 constituencies for the upcoming election.
- Only 120 candidates have opened election-targeted bank accounts despite commission mandates.
- The Election Commission requires election expenses above NPR 25,000 to be transacted through separate bank accounts.
- Candidates must present expense vouchers and bank details if ordered, with spending limits set between NPR 2.5 million to NPR 3.3 million depending on geography.