Koirala is probably the world's poorest head of the state as he lists just three ordinary mobile phones as his assets. (JPN/Agencies)
This came to light when he furnished his property details on Thursday but it is yet to be made public by the Prime Minister Office.
Koirala, who is the epitome of simple living, is known as 'Saint' in Nepali politics. Though his office is yet to make public his property details, one of his aides on Friday morning shared details of his property with a news agency and revealed that Koirala did not possess any moveable and unmovable property throughout his life.
75-year-old Koirala, who is a bachelor, does not possess any land, house, bank balance or even a bank account. He does not even have any share in any financial institution or investment company.
Koirala, who took over as the Prime Minister last month, is yet to receive his salary.
"Once he receives his salary, we will open a bank account for him," said Prakash Adhikari, press coordinator to the Prime Minister.
Koirala never held any public office in the past and never accepted any patriarchal property. He lives in a rented house in Kathmandu, the rent of which is paid by his party, the Nepali Congress.
Before he was elected to the post of Prime Minister, Koirala used to move around in vehicles provided by a party well-wisher, said Adhikari.
Ever since he took over the helm of the government, Koirala has been urging his Cabinet colleagues to maintain economic transparency, austerity in governance and zero tolerance against corruption.
He had the smallest delegation during the recent BIMSTEC Summit held in Myanmar.
Koirala wears a simple watch and a gold ring.
"He was not sure whether that gold ring was pure or not and so did not include it in the property list," added Adhikari.
According to the Corruption Control Act, 1992, all public office-bearers of Nepal, including the Prime Minister, ministers, ambassadors, civil servants and those who draw salary from the state coffers, should disclose their property details and those possessed by their relatives.
Those who draw salary and perks from the state coffers need to submit their property details categorized like house, land, vehicles, shares, bank account, cash in hand and gold and silver items.
Koirala is probably the world's poorest head of the state as he lists just three ordinary mobile phones as his assets.