Cooperative Victims Urge Chief Justice for Swift Resolution and Savings Return

Summary

Victims of cooperative fraud in Kaski urge Chief Justice Sapana Malla Pradhan for expedited case resolution and return of their lost savings.

Key Points
  • Victims of 11 problematic cooperatives in Kaski demand swift justice and return of their savings.
  • They met Acting Chief Justice Sapana Malla Pradhan during her visit to Pokhara to address judicial concerns.
  • Victims complain that legal delays have prolonged their suffering for over 4 years without recovery of funds.
  • They call for fast track hearings, dissolution of current cooperative regulatory bodies, and establishment of a Loan Recovery Tribunal and Problematic Cooperative Management Committee.
  • They propose reconciliation between complainants and directors if the latter agree to return funds, under strict monitoring and asset sales.
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