Parliamentary committee seeks essential documents from 20 cooperatives

The parliamentary special committee formed to investigate the misuse of depositors' funds by various cooperatives decided to ask for essential documents from 20 cooperatives.

A meeting of the committee held in Singha Durbar on Sunday decided to ask for essential documents from 20 cooperatives, committee coordinator Surya Thapa informed.

He said that the committee will study and start the investigation after receiving all the sought documents from the cooperatives.

Earlier, the committee held a discussion with Radha Krishna Mainali, coordinator the taskforce formed by the interim government in 1990 and Gauri Bahadur Karki, chairman of the then Investigation Commission, about the issues of cooperatives.

Thapa said that the committee will conduct a study on the basis of past experiences and will reach a conclusion.

A parliamentary committee was formed on May 28 to investigate the embezzlement of depositors’ money by various cooperatives.

The government formed the committee after the main opposition Nepali Congress obstructed the Parliament meeting for a long-time demanding formation of the parliamentary probe committee to investigate fraud charges against Deputy Prime Minister and Home Minister Rabi Lamichhane.

The committee was formed under the headship of CPN-UML leader Thapa.