Archive · 31 Jul 2026
Former MD Arrested Over Rs 40.94 Lakh Farmer Loan Fraud
A man named Himanshu Das used to run a cooperative that helped farmers pay back their loans.
He was caught by the police in Odisha.
They say he took about 41 lakh rupees from farmers and kept it for himself instead of putting it in the cooperative’s bank account.
He was taken to court in Baripada.
The investigation is still going on.
Himanshu Das, ex‑Managing Director of Betnoti LAMPCS Ltd, arrested by Odisha Vigilance.
Alleged misappropriation of Rs 40,94,306 from farmers’ loan repayments during 2017‑18.
Das collected money, issued receipts, but failed to deposit it and omitted entries from the society’s day book.
Case heard before Special Judge, Vigilance, Baripada.
Investigation ongoing, with further inquiry underway.
- Who
- Himanshu Das, former Managing Director of Betnoti Large-sized Adivasi Multi-Purpose Cooperative Society (LAMPCS) Ltd
- What
- Arrested for allegedly misappropriating Rs 40,94,306 from farmers' loan repayments
- When
- Arrested on a Friday; case concerns the 2017–18 financial year
- Where
- Mayurbhanj district, Odisha, India
- Why
- Alleged large‑scale financial irregularities and failure to deposit collected funds
- Arresting Agency
- Odisha Vigilance
- Amount Misappropriated
- Rs 40,94,306
- Date of Arrest
- Friday
- Case Year
- 2017-18
- Court
- Special Judge, Vigilance, Baripada