Question

describe cooperative society scandal​

Answer 1

The cooperative accepted money from members and could make loans

for purposes that were to benefit of the society and its members.

Mismanagement of these led to a major collapse in which millions of

Pakistanis lose money by 1992. In Nawaz Sharif state of Punjab

700,000 poor people lost their all savings when the societies went

Bankrupt,The societies had loaned billions to Nawaz sharif Family

Business

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Answer 2

Answer:

The cooperative accepted money from members and could make loans

for purposes that were to benefit of the society and its members.

Mismanagement of these led to a major collapse in which millions of

Pakistanis lose money by 1992. In Nawaz Sharif state of Punjab

700,000 poor people lost their all savings when the societies went

Bankrupt,The societies had loaned billions to Nawaz sharif Family

Business