Met the Minister of Cooperatives, met the Minister of Home Affairs today, requested to arrange the environment for the return of savings
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The savers of five cooperatives, including Sahara Chitwan Multi-Purpose Cooperative Society of Bharatpur of which Geetendrababu Rai or GB Rai is the founder and director, have met the officials of various agencies related to cooperatives in Kathmandu and put their demands.
They demand immediate arrest of GB Rai, who fled after misappropriating the savings, and create an environment where the victimized savers can get their money back. Land management, cooperatives and poverty After meeting the Minister of Redressal Balram Adhikari on Sunday, they have submitted a memorandum with various measures and demands to solve the problem of the victims who have not returned the savings of the cooperative.
Although 38 people including GB Rai have been made defendants in Sahara Cooperative, only two have been arrested so far and others including GB are absconding, they have demanded to arrest all of them.
Similarly, Shalikram Duwadi, the coordinator of the Chitwan Sahara Savings Victims Sangharsh Committee, said that they have also demanded that other borrowers who have taken loans from cooperatives prepare a procedure and call them to repay the loan and designate a place to repay the loan.
Duwadi informed that there is a possibility that 17 to 18 million rupees will be raised immediately in Sahara Chitwan if the borrowers who say they will repay the loan are assigned a place to pay the loan.
Similarly, the thugs have hidden assets in the name of friends, brothers, and friends. We request you to take concrete steps to return this discovered savings," said the letter submitted to the Minister of Cooperatives. Likewise, the affected savers have also met the chairman of the National Cooperative Regulation Authority in Lalitpur Pulchowk on Sunday and requested to create an environment for debt recovery and return of savings.
They have demanded that the authority should facilitate the debtors who pay their debts. "If the borrowers create a separate bank account according to the law to pay the loan, it seems that the loan can be repaid," the letter submitted to the authority states.
Similarly, Duwadi said that if cooperative victims and people accused of fraud want to settle, the authority should take initiative. According to Duwadi, it was revealed through the investigation that five crore rupees of the amount of the cooperative was loaned to the local government. He said that there should be a method and a place to pay such debt.
Since the case has gone to the court, if we wait for the court's decision, it will take a long time and there is very little chance of the victims getting back the savings from the perpetrators, Duwadi says that something should be done immediately.
In order to recover the money of the victims, we have frozen the movable and immovable property such as shares and land of the owners of the cooperative and other accused. But those movable and immovable assets have been mortgaged in some bank. It takes a long time to wait for the court's decision, and as the interest and damages of the bank increase, there is little hope for the victim to get the money,'' the letter submitted to the authority states.
Instead, it has been demanded to sell those properties on time. Suprem Sahakari of Butwal along with Sahara Chitwan of Bharatpur, Suryadarshan of Pokhara, Sano Paila of Birganj and Swarna Lakshmi Sahakari of Kathmandu have reached Kathmandu and held a joint meeting with various agencies.
The founder and director of all these cooperatives is GV Rai. Shalikram Duwadi, coordinator of the Sahara Chitwan Victims' Struggle Committee, informed that there is a meeting with the Home Minister on Monday afternoon.
