Cooperatives in Kathmandu cheated of Rs 550 million, more than 6,000 complaints filed to return savings

लगानी न्यूज

१८ जेष्ठ २०८३, सोमबार २२:३५June 1, 2026

. More than 6,000 savers have demanded the return of Rs 4.77 billion to the Kathmandu Metropolitan City (KMC) Cooperative Department.

According to the KMC Cooperative Department, there has been a lot of demand for the return of savings in recent period.TAG_OPEN_div_26

According to Dhruba Kumar Kafle, chief of the Cooperative Development Department, 6,300 savers have demanded the return of the mentioned savings amount on the basis of complaints received from April 30.TAG_OPEN_div_24 He said that the amount of one lakh to five lakh rupees is more among the savers who have made such demands.

Kafle said, “On an average, the number of savers who deposit 500 to 1,000 daily is very high.”TAG_OPEN_div_22 According to him, 78 percent of the complaints are of small savers.

The KMC has repaid the savings amount of 34 savers of Buddha Darshan Savings and Credit Cooperative Limited on Monday and Tuesday, said Kafle.TAG_OPEN_div_20 Buddha Darshan Savings and Credit Cooperative, operated in KMC-6, has returned the amount saved up to Rs 150,000 on that day.

According to the department, the cooperative is planning to refund the amount of savings up to five lakhs within the next one month.TAG_OPEN_div_18 In case of big savers, KMC has coordinated with the Department of Cooperatives to remind the borrowers and return the savings to the savers.

According to KMC TAG_OPEN_div_16 Cooperative Department, the cooperative department has been facilitating both the process of repayment of savings and loan recovery. Kafle said about the facilitation process to be done for the return of the saved money, “We will take the application with demands. We try to negotiate and compromise between the directors of the organization and those demanding the return of savings. ”

Kafle said that the department will try to resolve the issue if it is not resolved through ward-level mediation.TAG_OPEN_div_14 He said that if the directors of the organization refuse to come in contact, they will be recommended for action.