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Finance Minister Bishnu Paudel has said that the property of those who embezzled the funds of the cooperative will be auctioned and distributed to the victims.
Stating that a cyclical fund will be established for this, he said that the government has arranged for seed capital.
Presenting the budget for the financial year 2082/83, he said that the properties and passports of the owners and officials of the troubled cooperatives will be withheld.
