KATHMANDU, April 6: Minister for Labour, Employment and Social Security Dol Prasad Aryal, who is also the vice-chairman of the Rastriya Swatantra Party (RSP), announced a reward of Rs 100,000 to Rs 200,000 for anyone helping to recover Rs 2.3 million allegedly sunk in a cooperative.

PARBAT, Dec 1: Eight members of two different cooperative organizations in Parbat district have been held on charge of fraud activities.

KATHMANDU, August 24: Weak monitoring of cooperatives by the regulators concerned has put large amounts of money deposited by their members at risk.

CHAPAKOT (Kaski), Oct 24: When Balaram Adhikari, a farmer in a village by the Phewa Lake, toyed with the idea of setting up a grocery store some 18 years ago, he had very few options. He is 61. He didn’t have enough funds. His village also lacked any bank or cooperative that could have supported him. His neighbors had taken loan to raise cattle from a cooperative called Nepal Sahakari Sanstha Limited.

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KATHMANDU, Aug 16: Prime Minister KP Sharma Oli has said that the government was committed for the promotion of the cooperative sector.

LAHAN, July 26: Assistant inspector of Co-operative Division Office, Lahan Subash Gadtaula has been taken into custody by Eastern Regional Department of Commission for the Investigation of Abuse of Authority (CIAA) Itahari in charge of receiving bribe from a customer on Wednesday.

KATHMANDU, April 13: Nepal Cooperatives Journalists Society has demanded enforcement of the proposed Cooperative Act at the earliest possible.

BENI, Jan 8: The Myagdikali Media Cooperative on Saturday re-elected Pramod Shrestha as its chairperson.

JUMLA, Aug 13: Division Cooperative Office in Jumla has remained without a chief since the last five months. Absence of the head at the cooperative office has impacted development activities related to cooperatives in the entire Karnali zone.

KATHMANDU, June 26: A group of depositors, who have lost their money in the troubled Oriental Cooperative Ltd, is now lobbying actively to allow Oriental and other firms owned by its disgraced promoter Sudheer Basnet to resume operation.