Irregularities in Sudarshan and Sahara cooperatives sign of a wider problem

Continued influence of politicians with stakes in the institutions prevents stringent action against unruly cooperative promoters, say experts.

Alleged irregularities by promoters of several cooperatives including Sudarshan Cooperative based in Pokhara, to the extent of depriving the members of their deposits, have once again highlighted the poor regulation of the community-level lending sector.