"Chief Minister Naveen Patnaik suspended OSIC MD Partha Sarathi Mishra who has been arrested by the vigilance," a communication received from the Chief Minister's Office said.
Earlier on February 16, Mishra was arrested by the anti-corruption vigilance under Prevention of Corruption Act.
The vigilance court rejected the bail plea of Mishra, after the government pleader argued that the arrested IAS officer could tamper evidence against him if released on bail.
"We had received several corruption allegations against Partha Sarathi Mishra in last six months including taking bribe from contractors and we were verifying the allegations secretly," said a senior vigilance officer.
Mishra owns three massive buildings - one each at Puri, Bhubaneswar and Cuttack whose value runs into over Rs 2.5 crore. Verification of immovable properties, bank accounts was under process. Preliminary investigation revealed that the bureaucrat amassed assets worth over Rs 5 crore.