Home Minister Sudhan Gurung Defends Asset Disclosures Amid Controversy

Key Points

• Home Minister Sudhan Gurung states he disclosed his holdings in Star Micro Insurance and Liberty Micro Life Insurance in his official asset declaration.
• He denies hiding shares, explaining his investments were categorized as securities traded in the stock market worth over 20 million rupees.
• Star Micro Insurance and Liberty Micro Life Insurance are not listed companies and traded through an Over the Counter (OTC) market, not the stock market.
• Gurung claims the share purchases were made before becoming a minister and were funded by loans, although the loan section in his declaration is empty.