A youth group called Gen Z United has directly approached the government with a serious demand. They want the Governor of Nepal Rastra Bank removed from his post.
On Sunday morning, the group went to the Ministry of Finance and handed over a formal letter to Finance Minister Rameshwar Khanal. The letter was submitted by the group’s coordinator, Janak Pariyar.
Why Gen Z is upset
According to Gen Z United, the appointment of Governor Dr. Bishwanath Paudel did not follow the law. They say the previous government ignored clear rules written in the Nepal Rastra Bank Act and instead appointed him under pressure from interest groups.
The group claims the recommendation committee misused its power and sent Dr. Paudel’s name even though it did not meet legal standards. They are asking the finance minister to cancel the current appointment and begin a fresh, lawful process.
What the law actually says
Gen Z United has pointed to specific sections of the Nepal Rastra Bank Act. The law says the governor must be chosen from experts in economics, banking, finance, commerce, management, or commercial law. Deputy governors can also be considered. The letter claims this process was not respected during the appointment.
Questions over qualification
The group has also raised doubts about Dr. Paudel’s academic background and work experience.
They state that his degrees are in computer engineering and agriculture, which they argue do not match the subject requirements mentioned in the Act. According to them, the law clearly asks for a relevant master’s degree and experience in specific financial fields.
Cases already in court
The controversy has already reached legal institutions. Complaints have been filed at the Commission for the Investigation of Abuse of Authority and also at the Supreme Court.
Gen Z United warned that keeping the governor in office while these cases are still pending could damage the moral credibility of the government. The letter mentions that the Prime Minister’s Office, the Finance Ministry, and the recommendation committee have all been named in the court case.
More demands beyond the governor
The group did not stop at just one issue. They submitted a list of seven demands. These include controlling middlemen inside the finance ministry, stopping unfair practices by banks and financial institutions, returning illegally charged interest to borrowers, strengthening revenue and anti money laundering bodies, and preventing misuse of foreign loans. Their message to the government is clear. Fix the system, not just the headlines.
