Legal Risk Management

Corruption is a serious problem that undermines the rule of law, democracy, and development in Nepal. Corruption is defined as "offences punishable under Chapter -2" of the Prevention of Corruption Act, 2059 (2002 A.D.) which include bribery, embezzlement, abuse of authority, money laundering, and obstruction of justice. Corruption affects various sectors and levels of the society, such as politics, administration, judiciary, security, education, health, and business.