Odisha

BEO Held By Odisha Vigilance For Misappropriating Rs 20 Lakh From Pension Fund & Investing In Share Market

Bhubaneswar: Odisha Vigilance officials on Thursday apprehended Rasananda Kar, Block Education Officer (BEO) of Daringbadi in Kandhamal district, for allegedly misappropriating Rs 20 lakh from the teachers’ pension scheme fund.

An official statement said that Kar was held for misappropriation of Rs 20 lakh of National Pension Scheme (NPS) funds meant for Gana Sikhyaka of the School and Mass Education department, working under his administrative control.

The BEO had in January this year allegedly transferred the money from the official NPS Account to his personal bank account in Daringibadi.

Subsequently, the accused dishonestly transferred the entire amount to one Zerodha Broking Ltd. Demat Account for investment in the share market.

In this connection, a case has been registered against accused BEO and investigation is underway.

OB Bureau

Recent Posts

Odisha Similipal’s Tigress Zeenat Enters ‘Safe’ Mayurjharna Elephant Reserve From Purulia

Bhubaneswar: Tigress Zeenat, who travelled nearly 200 km over two weeks from Odisha's Similipal, avoiding…

7 hours ago

Odisha Govt Dissolves Governing Body Of Non-Govt Aided Degree Colleges

Bhubaneswar: The Odisha Government has dissolved the governing bodies or managing committees of all Non-Government…

7 hours ago

EX-SC Judge V Ramasubramanian Appointed NHRC Chief & Justice Bidyut Sarangi As Member

New Delhi: President Droupadi Murmu on Monday appointed former Supreme Court judge Justice V Ramasubramanian…

8 hours ago

CRUT Signs MoU With NTPC & Gridco For Running Hydrogen-Powered Buses In Odisha

Bhubaneswar: Marking a significant development in eco-friendly transport in Odisha, a tripartite Memorandum of Understanding…

8 hours ago

Kumar Vishwas Slammed For His Veiled ‘Ramayana’ Dig At Sonakshi Sinha

Mumbai: After veteran actor Mukesh Khanna, noted poet Kumar Vishwas left netizens irked with his…

9 hours ago

Massive Fire Engulfs Godown In Bhubaneswar’s Satyanagar; Robot Deployed

Bhubaneswar: A major fire erupted at a pressure cooker company godown at Satyanagar in Bhubaneswar…

9 hours ago

This website uses cookies.