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Let’s freeze the assets of officials of cooperative banks and cooperative organizations to recover the victims’ savings: MP Suwal

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२०८१ चैत्र ३, आईतवार १६:०६
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Kathmandu. Nepal Workers and Peasants Party MP Prem Suwal has drawn the government’s attention to the issue that has been made public that billions of rupees of Nepal’s cooperative funds have been used for the benefit of the military organization NATO. He said this while speaking in the House of Representatives meeting on Sunday.

He alleged that the funds of cooperatives have been used for the benefit of the imperialist military organization NATO through the districts, provinces and the federation. He questioned the government about how to return the savings of the victims who have deposited money in the seventeen thousand cooperative organizations that the government is going to liquidate.

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He said that the assets of the officials of cooperative banks and cooperative organizations who are embezzling the savings of the public should be frozen and the people’s savings should be returned.

He said, “Four trillion rupees invested in cooperatives, no monitoring of resources. It has become public that billions of rupees of cooperative organizations in Nepal have gone to the interests of NATO countries, through cooperative banks, by creating districts, provinces and federations. It has become public that seventeen thousand cooperative organizations will be liquidated. How will the savings of the victims who were cheated in those cooperative organizations be returned?” It is necessary to freeze the assets and investments of the officials in the concerned district, province, federation and cooperative banks and officials of the submerged cooperative organizations to recover the people’s savings.’

MP Suwal said that it is more important to look after the interests of the country than becoming the President or Prime Minister, and said that since the government cannot function solely with the taxes collected from the people, industries and businesses should be established to serve the country and the people.

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