The office of the troubled cooperative management committee has succeeded in returning Rs.3 billion 71 crore 66 lakh five thousand 654 to the cooperative victims and reconciling the accounts.

According to the chairman of the committee, Shriman Kumar Gautam, 61 thousand 94 savers of the cooperative filed a complaint that their savings of Rs 38 billion 42 crore 96 lakh 32 thousand 730 were embezzled, embezzled and misused. According to the

committee, now Rs 34 billion 71 crore 30 lakh 27 thousand 76 savings are yet to be returned. The committee has been taking responsibility for asset management and payment of liabilities by declaring cooperatives that embezzle, embezzle and abuse savers' savings contrary to the principles, purpose and purpose of cooperatives. In the process, the committee has so far declared 23 cooperatives as problematic and is refunding the funds and reconciling accounts of three cooperatives.

At the same time, the committee has proposed to return to the savers 56 thousand 106 members of cooperatives who collected Rs. It was informed in a press conference held here today that the collected amount is only 41 to 57 percent compared to the savings of the savers. The member secretary of the committee, Keshav Prasad Poudel, informed that from the study of the

committee so far, it is very unlikely that the savers will be able to return 100% of the embezzled amount. He said that every possible effort is being made to return the maximum savings of the savers trapped in the troubled cooperatives. The

committee has the right to take ownership of the misappropriating cooperative and freeze the property and business of the director. Member Kashichandra Baral said that the committee is systematically proceeding with the cooperative's debt recovery, asset sale and return of collected funds.

Oriental Cooperative Ltd., Standers Saving and Credit Cooperative Ltd., Prabhu Savings and Loan Cooperative Society Ltd., Societal Savings and Loan Cooperative Society Ltd., Luhnibha Multipurpose Cooperative Society Ltd., Pashupati Saving and Credit Cooperative Ltd., Shivashikhar Multipurpose Cooperative Society Ltd. and Tulsi Bahumi Sahakari Limited are listed in the list of troubled cooperatives. According to the

committee, it was informed that 56 thousand 106 people including our new agricultural cooperative, agricultural development multi-purpose cooperative, Kantipur saving and credit cooperative, Laligurans multi-purpose cooperative, Gautam Shri multi-purpose cooperative, Gorkha saving and credit cooperative and Nepal cooperative financial institution have to return their savings.