KATHMANDU, Feb 4: The Special Court has sentenced former member of the Constituent Assembly and promoter of Civil Savings and Credit Cooperative Limited Ichchha Raj Tamang to three years in prison and imposed a fine of Rs 1.73 billion.
As they grapple with lost savings, unpaid salaries, anger, and threats from desperate depositors, their lives highlight the collateral damage of a broken cooperative system.
The Central Investigation Bureau (CIB) of Nepal Police has urged alleged victims of fraud perpetrated by the Tinkune-based Real Gorkha Savings and Credit Cooperative Limited to come forward and contact the police.
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