The Orissa High Court has rejected the pre-arrest bail application of a GST officer accused of embezzling ₹71.03 lakhs from the department. The court cited the seriousness of the offense and the department's strong opposition to the bail plea.
Orissa High CourtGst OfficerEmbezzlementFinancial MisconductPublic TrustReal EstateMar 01, 2025
The GST officer is accused of embezzling ₹71.03 lakhs from the department.
The court cited the seriousness of the economic crime and the department's strong opposition to the bail plea due to the gravity of the allegations.
The embezzlement was discovered during a routine audit of the department’s financial records, which revealed significant discrepancies in the accounts.
The department has committed to maintaining the highest standards of integrity and transparency, promising strict measures against financial misconduct and regular updates on the investigation.
The case highlights the need for more stringent oversight and internal controls within government departments to prevent financial misconduct and protect public funds and trust.
The Indian real estate industry is poised for a historic decadal growth
Office leasing in India touches 32.8 mn sq ft in H1 2024, driven by Global Capability Centres and tech firms.
The Nationalist Congress Party (NCP) is gearing up for the upcoming Maharashtra assembly elections, scheduled for November 2023. The party, led by veteran politician Sharad Pawar, is strategizing to reclaim lost ground and secure a strong presence in the
The Uttar Pradesh government's recent focus on infrastructure development has significantly boosted the real estate market in Prayagraj. This has led to a noticeable increase in demand for rental properties, hotels, and homestays to accommodate the influx
The UAE's real estate landscape is witnessing a significant shift, with Ras Al Khaimah emerging as a prime destination for investors. Discover why this emirate is attracting attention and how it is positioning itself as a new real estate hub.
Indian cricket sensation Suryakumar Yadav and his wife have recently acquired two high-end properties in Mumbai. The properties were registered on March 21, with the couple paying a significant stamp duty and registration fee.