The police registered a case in the district court on Sunday against 74 people who were involved in the embezzlement of 106.4 lakhs of savers in the Baisali Cooperative Society, which has an office in Kushma, Parbat.

According to Sumit Shrestha, investigation officer of the embezzlement of the funds in the cooperative, the police registered a case demanding 10 million 64 lakh bigos from 74 people involved in the embezzlement. 

The police started investigation based on the report given by the office of cooperative registrar in Pokhara a month ago.

After the police ordered the embezzlers to deposit the money, more than 80 million savers' money was returned within a month. 

This is the first case that the people who embezzled money from the same cooperative returned such a large amount within a month of the police investigation.

After the complaint of embezzlement of money in the cooperative, last July, when the office of the cooperative registrar investigated, it was found that there was embezzlement of 187.6 million. 80 million cash was returned within the time limit given by the police to those involved in embezzlement.

When the investigation was started against 153 people involved in the embezzlement of the cooperative's funds, the number of shareholders involved in the embezzlement reached 411 people.

Police Officer Shrestha informed that this is the first incident in Nepal where 411 people were involved in the embezzlement of funds from a single cooperative. The investigation showed that 411 share members were organized and involved in embezzlement of funds.

According to the police, 153 people were involved in embezzlement and 187.6 million was embezzled. After those involved in the embezzlement paid more than 80 million, the police registered a case in the court late on Sunday evening with a demand of 100.64 million. 

After the office of cooperative registrar Pokhara assigned financial analyst Nirmal Gautam to investigate Baisali's money last June, the fact that the money of savers in the cooperative was irregular came out.  It is mentioned in the investigation report that Kumari Purja, the manager of

co-operative, collects daily and monthly funds from the locals who are not even shareholders of the co-operative and gives loans to them. Collecting savings from non-members and giving loans is against the Cooperative Act.

It has been found that funds have been embezzled in collusion with the board of directors of the organization and the manager. It is mentioned in the report that the funds of the cooperative were disbursed by making fake loans, and such funds were embezzled by directly investing in scams and business.

Manager Kumari Purja has been found to have invested loans without informing the board of directors and the credit sub-committee. It is mentioned in the investigation report that the manager himself embezzled more than one crore. She has invested in the dhikuti she played by herself by lending the money of the cooperative. 

It is mentioned in the investigation report that Kumari embezzled 5 women by giving more than 80 million loans. After the board of directors sent a letter to him last June asking him to make a decision and investigate, financial analyst Nirmal Gautam investigated the accounts of this cooperative and submitted a report.

Based on Gautam's report, the police conducted a detailed investigation again. The manager Kumari Purja Pun (Magar), current president Ganesh Pun Magar, former president Gum Bahadur Pun, local women Latifa Begum, Zarina Khatun, Saijun Mia, Kamala Kumari Pun Magar, Sarifa Khatun Mia, Hiramaya Pun, Ram Bahadur Pun, Durga Bahadur Pun Magar and Narayan Sharma Paudel are the main culprits in embezzlement of the cooperative's money. Contrary to the principle of