KATHMANDU: Police have arrested four individuals, including the Chairman of Agriculture Development Multipurpose Cooperative, based in Kumaripati, Lalitpur, on charges of embezzling Rs 942.3 million from the cooperatives.

The Valley Crime Investigation Office apprehended the suspects, who were made public today.

The arrested individuals are Tej Bikram Thapa, Chairman of the cooperative; Sajna Rajkarnikar, manager; and Bhimsen Maharjan and Sanjay Sapkota, members.

A total of 566 depositors had filed complaints against these individuals.

This cooperative was also included in the investigation under the Terms of Reference (ToR) of the parliamentary investigation committee formed to probe the cooperative fraud case.