House panel will probe cooperatives linked to home minister, others kathmandupost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kathmandupost.com Daily Mail and Mail on Sunday newspapers.
More than 500 Nepali savings cooperatives are in dire straits with US$ 490 million in depositors’ money at risk. The lack of controls and the use of money by promoters to obtain bank loans are blamed. The prime minister promises to intervene, but victims accuse politicians of complicity.
More than 500 Nepali savings cooperatives are in dire straits with US$ 490 million in depositors’ money at risk. The lack of controls and the use of money by promoters to obtain bank loans are blamed. The prime minister promises to intervene, but victims accuse politicians of complicity.