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DoMLI prepares case against fraudster Sharma for misappropriating Rs 33 billions of co-operatives

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. ....

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All-powerful commission needed to resolve cooperative crisis

The government should encourage the cooperatives to merge. We can bring down their number from 32,000 to around 10,000. ....

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High-level govt meeting led by DPM Shrestha directs DoC to strengthen its functions as a regulator

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. ....

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Translate words into real action

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. ....

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PM Dahal makes a fresh pledge to address the plights of cooperatives' victims - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

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. ....

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