Cooperative manager arrested on charges of embezzlement amounting to 287 million

Police Inspector Kamal Pradhan of District Police Office Palpa informed that Bumrel was arrested based on the complaint filed by Subi Vick, the chairman of the cooperative society.

Shrawn 29, 2082

Madhav Aryal

Cooperative manager arrested on charges of embezzlement amounting to 287 million

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A cooperative manager has been arrested in Palpa for embezzling 28.7 million.

Bishnu Bahadur Bamrel, Manager of Laliguras Savings and Credit Cooperative Society located in Rambha Rural Municipality-4, Humin, was arrested. There are .

Police Inspector Kamal Pradhan of District Police Office Palpa informed that Bumrel was arrested on the basis of a complaint filed by Subi Vick, Chairman of the Cooperative. In the audit report of the cooperative, Bamrel has been accused of embezzling 28.7 million 57 thousand rupees from the organization. Police Inspector Pradhan informed that he was arrested at Rambha-4, Humin on the night of 27th July from his own house. Based on the investment made by the cooperative, it has been seen that embezzlement has been committed in the audit report.

co-operative has been dealing in savings and loans in Rambha, Purvkhola, Bagnaskali and Mathagadhi Rural Municipality. Its Madi Khare, Jhadewa and cooperatives have opened branch offices and are doing business among nearly one thousand members. 5 crores of savers and nearly 10 crores of National Cooperative Bank are pending to be returned in the audit report .

After the misappropriation of the funds of the cooperative organization, the savers have been putting a lot of pressure on the board of directors to return the savings. Bumrel, who was arrested, was the founding president and later the executive manager of Sakari organization from 2064. Superintendent of Police Pawan Kumar Bhattarai said that while working as the executive head and manager, the money saved by the common stock members was illegally spent on their personal and family purposes.

Police said that since the chairman gave a complaint about co-operative fraud, he was arrested and remanded for 7 days from the district court for the first time.

Madhav

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