Odisha EOW Probes ₹80 Crore Case: The Odisha Economic Offences Wing (EOW) has launched a major investigation into alleged financial discrepancies involving the Rayagada Truck Owners’ Association. The case involves alleged misappropriation of about Rs80 crore while former Rajya Sabha MP N. Bhaskar Rao has also been brought under the scanner.
The investigations have been brought into limelight after multiple raids were conducted across Odisha.
Odisha EOW Probes ₹80 Crore Case
The investigation is into the alleged misappropriation of about Rs80 crore by the Rayagada Truck Owners’ Association. Case number 15/2026 was registered on September 9, 2026, and includes charges of financial discrepancies, alleged misappropriation of funds, extortion and threats by some office bearers.
The complaint was initially raised by former president of the association Y. Venkateswara Rao (who has since passed away) against former Rajya Sabha MP N. Bhaskar Rao and others. He alleged they had misappropriated funds.
This was registered with Rayagada Police while the investigation was handed over to the Economic Offences Wing of the Crime Branch in Odisha.
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Search at former Rajya Sabha MP N. Bhaskar Rao’s home
A major part of the investigation has seen a raid at the home of N. Bhaskar Rao, the former Rajya Sabha MP, in Raniguda.
A special investigation team raided the area on November 6 and looked at financial documents. They spoke to those present. However, Bhaskar Rao was not present in Rayagada.
21-strong Team Look At Financial Documents
A 21-strong team, including five Deputy Superintendent of Police (DSP) and five Inspectors under Additional Superintendent of Police Ashish Kumar Mishra, conducted the raid, reports OdishaBytes and Prameya News.
The EOW team has had been in Rayagada for two days, gathering initial information and documents from the local police station.
This investigation is still ongoing with the allegations yet to be proven in court.
The investigation looks at what financial documentation they can find along with questioning individuals. This depends on what evidence they find. Officials have not released any information about how the investigation has gone.
However, as there have been raids at 11 locations it shows a major step forward in the investigation into the alleged Rs80 crore discrepancy. This should provide more clarity to the allegations against those named in the complaint.
