KATHMANDU, May 25: The Department of Money Laundering Investigation (DoMLI) has prepared a case against Kedarnath Sharma, the owner of Shiva Shikhar Multi-Purpose Cooperative, for allegedly misappropriating over Rs 33 billion of public deposits from various cooperatives.
KATHMANDU, Jan 11: The government has decided to make the Department of Cooperatives (DoC) active to take prompt measures in regular inspection and reporting of the cooperatives at a time when the sector’s regulator is found incapacitated in its regular duty.
Acknowledging the failure of the government to address the grievances of a large number of victims of cooperatives even after a long time, Prime Minister Pushpa Kumar Dahal on Monday directed the Ministry of Finance (MoF) to come up with a concrete proposal to address the issue.
KATHMANDU, Jan 9: Realizing that the government has failed to address the grievances of a significant number of victims of cooperatives for a long time, Prime Minister Pushpa Kumar Dahal on Monday directed the Ministry of Finance (MoF) to come up with a concrete proposal to address the issue.