NCJ Number
190765
Date Published
March 2000
Length
9 pages
Annotation
This paper examined the increased economic growth and development of Nepal during the past few years, the emergence of economic crime as a new social problem, and the countermeasures adopted against economic crime.
Abstract
This paper presented in 1998 at the UNAFEI, 110th International Training Course on "Effective Countermeasures Against Economic Crime and Computer Crime" examined the expansion and development activities in Nepal and the advent of new technology, the nature of the crime changing, and new types of crimes emerging. This development has invited the opportunity for corruption and fraud relating to finance, banking transactions, foreign currency speculation, real estate transactions, illegal trade practices, procurement of goods, and the construction of development projects. As a result, trends have emerged contributing to new social problems, including economic crime. In addition, with the growth of commercial and banking activities and emerging new technologies in various fields of telecommunications, financial institutions, international air ticketing, and revenue administration. More computers were widely utilized and the new problem of computer crime emerged. These crimes were new to the investigation agencies and there were no countermeasures developed to combat them. In addition, various economic and computer crimes are costly to society. Priority to the detection and combating of such crimes is seen as essential to the criminal justice system of Nepal. International cooperation and technical support was viewed as being highly beneficial to a developing country like Nepal.