Govt sets up Property Inquiry Commission, gives 30-day deadline for asset submissions
KATHMANDU: The government has set up the Property Inquiry Commission, 2026, to collect, investigate and report on assets held at home and abroad in the names of political officials, public employees and their families. It covers those who served from fiscal year 2005/06 through the end of Chaitra of Fiscal year 2025/26, the Commission announced on Thursday.
The Commission began operations on April 23, 2026, from an office in the building that houses the Kaiser Library in Thamel. Its mandate and terms of reference were published in the Nepal Gazette in Pre-Extraordinary Issue 1 on April 15, 2026, and Extraordinary Issue 2 on April 27, 2026, by the Office of the Prime Minister and Council of Ministers (OPMCM).
“(a) To collect and investigate the details of property held within the country and abroad in the name of the following officials who hold the following public offices or have retired or been removed from office, and their families,” the Gazette notice states.
The Commission’s remit covers a broad range of current and former office-holders, including federal and provincial ministers, members of the legislature, senior constitutional officials and judges, senior officers of the security services, heads and senior staff of government banks and public enterprises, senior officials of central institutions such as Nepal Rastra Bank, and chiefs and staff of diplomatic missions. Local government leaders, senior civil servants and advisers appointed by top office-holders are also included.
Those named must submit details of ancestral and self-earned movable and immovable property, together with sources of income and expenditure such as salary, allowances, foreign travel, land and housing, stock trading, loans, agriculture, trade, business and remittances. Supporting documents and the property details form prescribed by the Commission must accompany submissions.
Forms are available from the Commission’s office or can be downloaded from its website. Submissions may be made in person, through a representative, by post, or via the Commission’s email address. The notice also requires that officials who served from fiscal year 1991 or who remained in service beyond 2005/06 submit their property details at least once.
The Commission has given a 30-day deadline from the date the notice was issued for the submission of documents. It warned that legal action will follow against anyone who knowingly submits incomplete or false information or who fails to comply within the specified period.
