1 billion 49 crore embezzlement in Kumari Cooperative

UML leader Rajkumar Thapa of Myagdi ordered to be detained for another week

Magh 28, 2081

Narayan Sharma

1 billion 49 crore embezzlement in Kumari Cooperative

We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:

This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.

The Myagdi district court on Monday ordered the police to remand Rajkumar Thapa, the leader of the Myagdi UML, who is in police custody for embezzling 1.49 billion rupees from the Kumari multi-purpose cooperative organization in Beni, the headquarters of Myagdi.

According to District Court Srestedar Bholaraj Regmi, 5 people including Thapa are being investigated on the charge of misappropriation of cooperative funds. The bench of District Judge Prakash Prasad Pandit on Monday ordered 5 people including Thapa to investigate for the third time by extending the deadline by 7 days. He had previously ordered 3 and 5 days of detention for investigation.

On Monday, for the third time, an additional 7-day deadline has been given.

UML leader Thapa, who is also the head of the district coordination committee of Myagdi, has embezzled about one and a half billion from the savers of the Kumari cooperative in the report of the state cooperative registrar office. It has been pointed out in the investigation report that Thapa voluntarily withdrew the savings of the common people in the cooperative and invested in private schools, real estate business, land plotting.

 He was arrested a year after he was found guilty of irregularities in the cooperative. He was getting immunity on the basis of political access.

Along with him, the then manager Rudra Gurung, who was involved in cooperative fraud, the former presidents of the board of directors Manprasad Thajali, Tham Bahadur Garbuja, director Devi Kumari Thapa are in police custody.

In Thapa's main plan, they also embezzled one billion 49 crores from the cooperative and made the common people cry.

Based on the letter from the provincial cooperative registrar office, the police detained them and started an investigation. There are 4386 savers in this cooperative, only 418 are share members. It has been found that those involved in money embezzlement have embezzled the money of ordinary savers by keeping the majority shares in the name of themselves and their families.

Narayan

Link copied successfully