Central Bank, Governor Maha Prasad Adhikari is Opening Cross-Border Payments, Committing a Treason, 40 million Nepalese Bank Accountsholders at Risk

March 22nd, 2024

Kathmandu : Governor Mahaprasad Adhikari is moving towards a serious national attack by starting cross-border payments in the midst of weak security conditions due to the lack of the nation’s own payment gateway system and depending on private companies. The security of more than 40 million Nepalese Bank account holders will be at risk due to the cross border payment system, Governor MahaPrasad Adhikari has going to start in guessing action.Central Bank of Nepal is trying to open cross-border payments soon. However, without analyzing the risk of cross-border payments, they are trying to agree to establish easy access in international gangs and criminals to the Nepali digital banking sector, which is trying to access week security.

According to Central Bank sources, Governor Mahaprasad Adhikari listening the Indian official request last time to open the cross border dealing, then was decided to open cross-border trade with India. According to sources, the system has been connected and tested several times for that.

However, no attention has been paid to the damage caused by connecting Nepal to the Indian system without strengthening the internal system. Moreover, no Nepali’s bank account is safe because of the private company F-1 Soft. Also, Is not secure Central Bank Governor Mahaprasad Adhikari’s Bank of account, how can the account of common people be safe? A serious question has been raised.Nepal Clearing House and F-1 Soft have signed separate agreements with India to open cross-border transactions. By opening cross-border transactions with India without setting up its own payment gateway operated by the Nepalese government, attention has been paid to the serious security threat of breaching the privacy of Nepalese accounts.

Governor Mahaprasad Adhikari has not shown any interest in the fact that a serious national issues will taking place. A bank of CEO who contacted Bimapost, on the condition of not mentioning his name, said, ‘There is a serious security threat, there is no national payment gateway, we have not been able to implement strict security measures, if all the banks have moved forward, if we stop cross-border payments, we will lag of behind.’

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