Dissatisfaction of savers over non-prosecution of those involved in co-operative fraud
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The District Court has started taking statements from those who were arrested for embezzling one and a half billion rupees from the Kumari Multi-Purpose Cooperative Organization in Beni, Myagdi.
On Sunday, the secretary of the cooperative, Devi Kumari Thapa, made a statement. Bholaraj Regmi of the district court said that they are preparing to take the statement of five other people today.
The district attorney's office filed an indictment against 25 people, including Rajkumar Thapa, the former director of the cooperative who is also the head of the district coordination committee, claiming 1 billion 130 million bigos last Thursday. On the basis of the indictment, the court has started interviewing the detainees.
After their statements, there will be a debate behind bars. Based on the investigation conducted by the office of cooperative registrar Pokhara 9 months ago, the police have arrested 6 people who embezzled the funds of the cooperative and are investigating. Another 19 people involved in cooperative fraud are absconding.
Kumari Cooperative's former secretary, vice president and loan committee officer Rajkumar Thapa, former manager Rudra Gurung, secretary Devi Kumari Thapa, former president Manprasad Thajali and Tham Bahadur Garbuja were arrested on January 20. The police arrested Lok Bahadur Pun (Lokesh), a former member of the Audit Committee, on February 7.
It has been pointed out in the investigation report that the money of Kumari Sahakari, which has 6 thousand savers, was taken without collateral and the then directors used it for gambling, boarding school and real estate. The savers have expressed their displeasure over the fact that those involved in fraud should be prosecuted for asset laundering on the basis that the funds of the cooperative were used for private earnings. Nirmal Gautam, a financial analyst at Pokhara's cooperative registrar's office, who is engaged in the
investigation, said that it was a big conspiracy that the police and the public prosecutor's office did not even investigate the money laundering despite the fact that there was enough evidence that the money of the cooperative was taken against the law and without mortgage. According to him, there is an allegation of embezzling 1 billion 49 crores from the bailiff.
