Accountant held for siphoning govt fund

An accountant of the District Rural Development Agency (DRDA) has been arrested on charge of transferring Rs 1.60 lakh of the government money to his own account in a fraudulent manner in Ganjam district.
The accused identified as Bikash Chandra Sethi, had allegedly diverted the money of the DRDA to his own account in three phases during last two months with forged signature of the project director, DRDA in the bank cheques.
While each of two cheques were worth Rs 70,000, the other one was Rs 20,000, police said.
The fraud came to light when a payment was not cleared due to lack of cash in DRDA account in the bank. Project Director Asish Thackeray took it seriously and conducted an inquiry.

The inquiry has revealed that the accountant diverted the money to his own account in a fraudulent manner, sources said.
"Based on the report of the Additional Project Director, N K Panigrahi, we arrested the accused and forwarded him to the court," said inspector-in-charge, Chhatrapur police station BP Patra.