VIGILANCE ARRESTS CO-OPERATIVE OFFICIAL IN Rd.75 LAKHS FRAUD
Dr.BadalTah,Odishabarta
Rayagada, May 22: In a major enforcement action targeting financial irregularities in Co-operative institutions, Odisha Vigilance arrested Tarini Prasad Tripathy, Managing Director of K.Singhpur Large Area Multi-Purpose Co-operative Society (LAMPCS) in Rayagada last Thursday. Tripathy is accused of embezzling LAMPCS funds amounting to Rs.75 lakhs.
A rigorous documentary verification by the Odisha Vigilance revealed that the fraudulent activity took place between 2024 & 2026. The accused Tripathy allegedly executed the fraud by systematically manipulating official records. Further, the investigation also established that the misappropriated amount Rs.75 lakhs comprised the direct savings and deposits of the primary members of the Co-operative Society, directly impacting local stakeholders who depend on the institution for financial security.
In this connection, Koraput Vigilance PS case No.8 dated 21.05.2026 U/s Prevention of Corruption Act, 2018/BNS, 2023 has been registered against Tripathy and he is being forwarded to the Court last Friday.
Investigation of the case is in progress.
