No action was taken against the co-operative president Rajesh Shakya who embezzled the money of 1100 savers on the basis of fake documents
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It has been found that the savings amount of the Kasturi Multi-Purpose Cooperative Organization in Beni, Myagdi was taken by the chairman's family on the basis of fake documents. Rajesh Shakya, chairman of Kasturi Cooperative, has taken a loan of 91 percent of the amount accumulated in the cooperative without taking any collateral. When taking a loan, the mortgage of the land taken to cover the loan is not kept.
In the name of Shakya's wife, brother, two sisters and nephews of the chairman of the cooperative, a loan of Rs. 479.99 million has been taken. This is 91 percent of the amount of savers accumulated in the cooperative. The cooperative has invested a total of 52 crore 32 lakh 82 thousand loans . Out of the total investment of 52 crores, the members of Shakya's family took about 480 crores of loans and did not pay them.
A year ago, after 27 savers asked for refund, the irregularities in the cooperative came to light. Even after a year, no investigation and action has been taken. Chairman Rajesh Shakya took a loan in the name of his family members, but he seems to have managed all the money himself, it has been pointed out in the investigation committee's report . Shakya is also the district leader of CPN UML. The manager of the cooperative, Lok Bahadur Pun Lokesh, is in prison on the basis of evidence that he was involved in the embezzlement of 1 billion 49 crores of Kumari Cooperative.
A year ago, the fact that all funds were embezzled was revealed in the investigation coordinated by Beni Municipality Mayor Surat KC, but the investigation and action against the embezzlers has not been started. Mayor KC is also a UML leader.
Deputy Mayor Jyoti Lamichhane, the then Assistant Chief District Officer, the then Chief Administrative Officer of Beni Municipality, Netra Prasad Paudel were members of the investigation committee which was coordinated by the Mayor. Even after a year has passed since the Assistant Chief District Officer himself declared that there was irregularity in the cooperative, the investigation has not been initiated against Shakya, the main planner of the money embezzlement.
Mayor Surat KC, the coordinator of the investigation committee, said that irregularities were found in the cooperative during their investigation last March. "It seems that money has been embezzled," Casey said, "The president's property has been frozen on the basis of embezzlement." It doesn't even seem like the mortgage was taken,' he said .
When asked why no action was taken against those who embezzled money, Mayor Casey said, 'Nobody has complained about action. How to take action?,' he countered.
Chief District Officer Gurudatta Dhakal said on the telephone that he was not aware of the financial irregularities in Kasturi Cooperative. "No one has filed a complaint, he said, now there is no question of walking around looking for where irregularities have occurred."
