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22-May-2026

ODISHA VIGILANCE ARRESTS CO-OPERATIVE OFFICIAL(MD) IN RS.75 LAKH FRAUD


Rayagada(PR),In a major enforcement action targeting financial irregularities in Co-operative institutions, Odisha Vigilance,  today i.e on 21.05.2026 arrested Tarini Prasad Tripathy, Managing Director of K.Singhpur Large Area Multi-Purpose Co-operative Society (LAMPCS) in Rayagada district. Sri 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 Sri 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 Tarini Prasad Tripathy, Managing Director of K.Singhpur LAMPCS, Dist-Rayagada and he is being forwarded today to the Court. Investigation of the case is in progress.
 

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