Bhubaneswar: Odisha Vigilance on Thursday arrested a former Secretary-cum-Chief Executive of a Primary Agricultural Cooperative Society (PACS) in Balangir district on charges of financial fraud and embezzlement of society funds.
The accused, identified as Kushadhwaja Sahu, is a former Secretary-cum-Chief Executive of Pandamunda PACS under Patnagarh Block in the district.
Investigation conducted by officers of Vigilance revealed a calculated misappropriation of government funds of Rs 8,34,489.
The key finding of the investigation points to a deliberate manipulation of official records between financial years. Specifically, Sahu failed to reflect the closing balance amount of the financial year 2017-18 in the opening balance of the subsequent financial year 2018-19, allowing him to siphon off the difference, Vigilance said in a statement.
Following the detailed investigation, Vigilance registered a case against the former executive. Sahu was formally placed under arrest forwarded to the court.
