Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Rs 6 crore scam in coop society leaves depositors high and dry

Post News Network
Updated: December 15th, 2022, 10:52 IST
in State, Top Stories
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Nayagarh/Ogadaon: A scam worth Rs 6 crore has been committed in a cooperative society in Nayagarh district. Financial wrongdoing has serious repercussions on the functioning of society as scores of depositors have been left high and dry without getting their deposit amounts back. The society is also allegedly headed towards bankruptcy, sources said. In the last four years, 11 staff members have been suspended and five data entry operators sacked for the irregularities in different societies of the district. Of the suspended staff, 10 are society secretaries and one has died.

However, three of them have been reinstated. According to reports, five years ago, deposits of 600 depositors amounting to Rs 6 crore had been misappropriated at Kural Cooperative Society. The matter was investigated and the society secretary Kalucharan Rout was suspended. An impression was given to people that an investigation is on, but in 2018, the irregularities were suppressed, it was alleged. However, the issue reappeared after a farmer in Kural village brought out a four-year audit report (Since 2016-17) on the irregularities through RTI queries.

Also Read

Centre approved national highway projects worth Rs 13,000 cr in Odisha in FY’26: Minister

5 hours ago
Odisha govt - National Education Policy Kho kho sponsorship

Odisha govt declares unseasonal rains as state-specific disaster

5 hours ago

In the audit report, the then secretary and the treasurer have been held responsible for 50 percent of the corruption in the society. The Assistant Auditor General of Cooperative Societies, Khurda, in his audit report had directed for recovery of Rs 3,16,731 from each of the two. Vigilance had arrested the then secretary, but he had managed to draw salaries for 11 months from the society even without coming to office.

Here is another case of irregularities in fertilizer disbursal to farmers in the Komand Cooperative Society. A case had been filed against Secretary Lingaraj Sahu in 2016 at Fatehgarh police station in this regard. A criminal case against him is also subjudice at Khandapara JMFC court. He had been transferred after the fertilizer scam in Komand Cooperative Society came to the fore. After his transfer, he was not coming to society but had drawn salaries for 11 months.

A complaint in this regard has been filed at the Assistant Registrar of Cooperative Societies (ARCS). In Nayagarh Central Cooperative Bank, an official involved in a loan scam has been promoted. This has caused resentment among farmers. In 2013, Prafulla Sahu, an official of the accounts section of Nayagarh Central Cooperative Bank, misappropriated Rs 1 lakh from a loan of Rs 25 lakh. After 10 months, he returned the money. It was alleged that the loan scam is being suppressed. Meanwhile, Congress workers have warned of agitation over the irregularities.

If no action is taken against the corrupt officials, the party has threatened to stage protests near the Nayagarh block office. ARCS Hadibandhu Mahakud said that a joint inquiry has been ordered against Komand Society Secretary.

Tags: cooperative societyscam
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019

Archives

Editorial

Sound & Fury

China-US
May 14, 2025

The outcome of any war between two unequal forces could be predictable – maybe the stronger side wins and the...

Read more

Breaking Walls

Pope Leo XIV
May 13, 2025

I t is of great significance that Robert Francis Prevost, who has succeeded Pope Francis, repeated the word ‘peace’ ten...

Read more

Dangerous Liaisons

india pakistan
May 12, 2025

India and Pakistan have halted military actions for now, a day after Pakistan breached a ceasefire initially announced to the...

Read more

Doval Doctrine

Aakar Patel
May 11, 2025

India’s Defence Planning Committee was set up on 19 April 2018. It was chaired by national security advisor Ajit Doval...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST