Victims of Barah Cooperative Seek Help from Rastriya Swatantra Party
Summary
Victims of Barah Savings and Credit Cooperative in Dharan have demanded help from Rastriya Swatantra Party to recover billions of rupees lost through embezzlement and mismanagement. Over 11 billion rupees of public savings are stuck, with key accused absconding and legal cases ongoing.
Key Points
- Victims of Barah Savings and Credit Cooperative have appealed to the Rastriya Swatantra Party leadership to recover their lost savings following the party's election promise.
- The cooperative stopped returning savings from November 2078 BS, affecting approximately 8,000 to 10,000 people with over 11 billion rupees stuck.
- Legal proceedings accuse cooperative leaders, including chairman Shivkumar Bishwakarma (Lamichhane), of embezzling over 10.7 billion rupees.
- A detailed audit report revealed significant loans and investments to companies owned by the cooperative's directors, highlighting widespread financial mismanagement.