Kathmandu. Chairman of Dynamic Savings and Credit Cooperative, Lalitpur, Balaram Pathak has been arrested. Pathak was arrested from Imadol.

He was arrested on the charge of misappropriating more than Rs 4 crore from savers. The District Police Range, Lalitpur, has initiated an investigation into the incident.

They are also looking for other people in connection with the misappropriation of savings amounts.