Samriddha Nepal Krishi Sahakari Accused of Embezzling Millions, Depositors Demand Refunds

Biratnagar. Hundreds of depositors have become victims after the Belbari service center of Samriddha Nepal Krishi Sahakari Sanstha Limited, which claims to have its head office in Kathmandu, absconded with millions of rupees of depositors and closed its office.Small business owners had deposited savings in this cooperative. Now, the victim depositors are forced to knock on the doors of local administration, police office, and cooperative management to get their money back. Depositors are further enraged and suspicious as written agreements made repeatedly have not been implemented and the operators are not answering their phones and have become unreachable.The plight of...