Managing Director of Orissa Small Industries Corporation Ltd arrested by Vigilance

By: |
Bhubaneswar | Published: February 16, 2017 10:47:54 PM

Managing Director of Orissa Small Industries Corporation Ltd (OSIC) Partha Sarathi Mishra was today arrested by anti-corruption Vigilance wing after he failed to explain the source of over Rs 2.14 lakh found from his possession.

A criminal case has been registered against the IAS officer under various sections of the Prevention of Corruption Act, 1988 and further investigation in the matter is going on, a statement from the Vigilance Directorate said. (Reuters)A criminal case has been registered against the IAS officer under various sections of the Prevention of Corruption Act, 1988 and further investigation in the matter is going on, a statement from the Vigilance Directorate said. (Reuters)

Managing Director of Orissa Small Industries Corporation Ltd (OSIC) Partha Sarathi Mishra was today arrested by anti-corruption Vigilance wing after he failed to explain the source of over Rs 2.14 lakh found from his possession.  A criminal case has been registered against the IAS officer under various sections of the Prevention of Corruption Act, 1988 and further investigation in the matter is going on, a statement from the Vigilance Directorate said.

Mishra’s comment could not be obtained immediately as he was forwarded to the court after being arrested. On receipt of reliable information regarding collection of huge amount of illegal money from different persons by Mishra and proceeding towards his residential quarter in Government vehicle, Officers of Cell Vigilance Division, Cuttack intercepted him last evening in front of his office to ascertain facts, vigilance statement said.
During interception, a sum of Rs 2,14,750 in a closed cover was found from the possession of Mishra. On preliminary interrogation, he failed to explain the source of this money, it said.

You May Also Want To Watch:

In this connection, his government quarter at Unit-II, Bhubaneswar, his private residential house at Bajrakabati Road, Cuttack and his office chamber situated at Khapuria Chowk, Cuttack were searched simultaneously. Subsequently, a criminal case was registered against him today and he was arrested, it said.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.