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The police have arrested one more person on the charge of embezzling 1 billion 49 crores of Kumari multi-purpose cooperative organization operating in Beni.
According to the district police office, Lokesh Punmagar of Beni Municipality-4 was arrested and remanded in custody from District Court Myagdi on Thursday until February 13th.
Police inspector Sagar Paudel said that Pun, who was arrested on Tuesday, was given an extension to appear in court along with five others who were arrested earlier on January 20.
According to the office of the co-operative registrar in Pokhara, action has been initiated against the accused who were involved in the misappropriation of 1 billion 49 crores of Kumari co-operative which has 6000 savers as per the Co-operative Act-2074. He is the former director of the cooperative.
