MD of OSIC arrested by Vigilance in Odisha

Managing Director of Orissa Small Industries Corporation Ltd (OSIC) Partha Sarathi Mishra was today arrested by anti-corruption Vigilance wing after he failed to explain the source of over Rs 2.14 lakh found from his possession.
A criminal case has been registered against the IAS officer under various sections of the Prevention of Corruption Act, 1988 and further investigation in the matter is going on, a statement from the Vigilance Directorate said.
Mishra's comment could not be obtained immediately as he was forwarded to the court after being arrested.
On receipt of reliable information regarding collection of huge amount of illegal money from different persons by Mishra and proceeding towards his residential quarter in Government vehicle, Officers of Cell Vigilance Division, Cuttack intercepted him last evening in front of his office to ascertain facts, vigilance statement said.

During interception, a sum of Rs 2,14,750 in a closed cover was found from the possession of Mishra. On preliminary interrogation, he failed to explain the source of this money, it said.
In this connection, his government quarter at Unit-II, Bhubaneswar, his private residential house at Bajrakabati Road, Cuttack and his office chamber situated at Khapuria Chowk, Cuttack were searched
simultaneously.
Subsequently, a criminal case was registered against him today and he was arrested, it said.