'The savers will not get their money back if the operator is jailed
UML leader and member of the House of Representatives Surya Thapa has said that by closing the office of the cooperative and putting the director in jail, the money of the savers will not be returned. Speaking on the last day of the 12th Nepal Literature Festival in Pokhara on the last day of the 'Sahkariko Sasti' session, he said that even the government cannot return the money of the savers from the state fund.
He suggested that the same should be done in cooperatives, just like when a crisis occurs in a bank, a 'dedicated team' was sent to solve the problem. He said, 'Not only by closing the offices of cooperatives, but also by ensuring that those who have been sent to jail do not escape, they should be freed from jail and the savings of savers should be returned by asset management and debt recovery.'
He is also the chairman of the parliamentary special committee formed to investigate cooperative fraud. In a conversation with journalist Krishna Acharya, he said, "I have discussed with the Prime Minister and all the related agencies, I don't see that possible," he said, "The savings of the savers will be returned by the related organizations." It is done through debt collection, mortgage sale and distribution, property management, this is what we recommend. We have not seen the possibility of returning the savings beyond this.'
He said that the problem is mainly created in cooperatives where the directors do not know the members and the members do not know the directors. He also said that it is not certain that the savings of all savers will be returned. "If you have embraced cooperatives as a financial business, it does not mean that all the businesses you start will be profitable, they will not give returns," he said. This is the minimum thing for financial transactions and business. We should also pay attention to this area.'
Kamala Giri, director of Nepal Savings and Credit Central Cooperative Association (Nefskun), said that there is a problem even though the rules and laws are not being implemented. "There is a problem in cooperatives now because we have not been able to implement the Act of 2074 and the regulation of 075," she said. "When there is a fire in the neighbor's house, there is also a fire in my house." The impact of those who do destiny has affected others,' she said, 'here we have more numerical than qualitative . Some have become cooperatives, some have even been in jail, and the effect has been on those who have done good.'
