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The Hindu
The Hindu
National
The Hindu Bureau

Odisha education officer arrested for investing teachers’ pension in stock market

Odisha Stock Market Beo

A Block Education Officer (BEO) of Odisha was arrested for investing pension amount of ₹20 lakh belonging to teachers in stock market.

Vigilance directorate investigators arrested Rasananda Kar, BEO of Daringbadi of Kandhamal district, on charges of misappropriating government money.

He has diverted National Pension Scheme (NPS) funds to the tune of ₹20 lakh meant for Gana Sikhyaka of School and Mass Education Department working under his administrative control.

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