KATHMANDU: The Problematic Cooperative Management Committee has returned savings to 96 more small depositors of Shiva Shikhar Cooperative, continuing its reimbursement drive for victims of troubled cooperatives.
With the latest payout, the total number of Shiva Shikhar Cooperative depositors who have received their savings has reached 1,213, the committee said.
The committee said reimbursements are being made in phases, with priority given to depositors holding smaller savings. It added that the funds being returned have been recovered through loan collection and the management of assets belonging to problematic cooperatives, in line with prevailing legal provisions.