Ministry provides immediate assistance for 7,779 troubled cooperatives


KUALA LUMPUR: Immediate assistance has been provided to approximately 7,779 cooperatives that failed to maintain their accounts as required by the Cooperative Societies Act 1993, says Datuk Seri R. Ramanan (pic).

The Deputy Entrepreneur Development and Cooperatives Minister told the Dewan Rakyat that 2,304 cooperatives have not audited their accounts as needed under Section 60 of the same Act.

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