Only 1,213 candidates, out of 3406, for the House of Representatives (HoR) member election, have so far opened the bank accounts to make monetary transactions for election purpose.
According to the Election Commission, only nine political parties, out of 68 contesting the election, now have bank accounts for the election-related expenditures.
Such political parties are the Nepali Congress, Rastriya Janamorcha, CPN (United), Nepali Communist Party (NCP), Nepal Party for Nepal, Janata Samajbadi Party (JSP), Samyukta Nagarik Party, Miteri Party and Nepal Janata Samrakshan Party.
EC Assistant Spokesperson Kul Bahadur GC said the Election Commission has implemented a provision mandating political parties and candidates to open bank accounts for making the collection of economic assistance for the election transparent by adhering to the set expenditure ceiling.
As per the House of Election Members Election Publicity Bank Account (Operation and Management) Procedure, 2082 BS, electoral candidates and parties contesting towards the both proportional representation and the First-Past-The-Post system are mandated to follow the banking system for the economic transactions meant for the election publicity campaign.
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