Goa’s Cooperative Crackdown Signals the End of a Culture of Loot

Goa’s Cooperative Crackdown Signals the End of a Culture of Loot

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“This pattern did not emerge overnight. It was the result of years of lax auditing, poor governance, and a tendency to overlook early warnings. Whenever a scandal erupted, the response was usually confined to outrage and temporary fixes. The deeper structural issues remained untouched. Meanwhile, money continued to vanish into networks that operated with impunity. The cooperative sector had effectively become a stock route for black money, defeating the very idea on which it was built.

That is why the Chief Minister’s firm stand marks a turning point. By publicly acknowledging that fraud has hollowed out many cooperatives and