NEPSE Employee Union demands immediate annulment of SEBON’s application for 2nd Stock Exchange

Nepal Stock Exchange Employee Union has denounced the decision of SEBON to initiate the opening of the new stock exchange in Nepal terming such an action the policy level corruption aimed at demolishing the now profitable government asset and handing over the sensitive business of the securities market to the limited private players.

The union has issued a detailed analysis supporting its claim that the SEBON is actually trying to work under the behest of some interest groups so that the mafias could have complete control over the financial matters of the entire nation. Calling this action the regressive act, the union has put forward its demands to regulate and improvise the now existing stock exchange i.e. NEPSE, as per the media statement.

Read the complete statement here