Bhubaneswar, Nov. 7 -- The Economic Offences Wing (EOW) of the Odisha Crime Branch on Friday raided former Rajya Sabha MP N Bhaskar Rao's residence in Rayagada in connection with an alleged Rs 80-crore embezzlement of funds belonging to the local Truck Owners' Association.
A 21-member special EOW team, led by Additional Superintendent of Police Ashish Kumar Mishra, conducted an extensive search at Rao's residence in Raniguda. The officials examined financial records and searched for documents linked to the alleged misappropriation.
The case originated from a complaint lodged by late Y Venkateshwar Rao, former president of the Truck Owners' Association, accusing Bhaskar Rao and several others of allegedly siphoning off around Rs 80 crore b...