Banking News – Nepal’s Department of Money Laundering Investigation (DMLI) filed seven prosecution cases during the fiscal year 2025/26 (2082/83 BS), seeking a total of approximately Rs. 118.05 billion in damages.

According to the department’s annual report, 121 individuals have been named as defendants in the cases.

The department stated that information related to money laundering and terrorist financing registered with the agency is first reviewed by a Screening Committee. If preliminary investigation is deemed necessary, an investigating officer is assigned and the required legal procedures are initiated.

To carry out investigations and prosecutions, the department operates four investigation divisions, along with a Legal and Advisory Unit, Administration and Planning Division, Investigation Coordination Division, and a Police Unit.

The DMLI is responsible for investigating money laundering offences linked to revenue evasion, customs violations, excise-related offences, and trade-related financial crimes.

According to the department, it has recently accelerated its research and investigative activities related to money laundering, while also intensifying enforcement and prosecution efforts against financial crimes.