Genuine Question: Is the criticism of foreign-affiliated colleges in Nepal based on facts or personal bias?

I've been seeing a lot of criticism lately about foreign-affiliated colleges in Nepal.

Rudra Raj Pandey frequently says that these colleges are selling low-quality or "fake" degrees and even mentions that he wouldn't hire graduates from such institutions. At the same time, his own college is one of the more expensive options, so some people argue there could be a conflict of interest.

Recently, I've also noticed media outlets like Silapatra and others publishing negative stories about foreign-affiliated colleges.

What I'm trying to understand is:

• If these colleges are genuinely operating illegally or misleading students, why are many of them still approved by the Ministry of Education and recognised for equivalence by Tribhuvan University in many cases? The government has also continued issuing regulations for foreign-affiliated programmes rather than banning them outright.
• If they are violating regulations, why isn't the government shutting them down or taking legal action?
• On the other hand, if many of these allegations are exaggerated or incorrect, why haven't the affected colleges taken legal action against people making such strong public claims?
• Is this mainly about improving education quality, or is there also competition and business interests influencing the narrative?

I'm not defending or attacking either side. I'm just trying to understand what the actual legal and factual situation is.