Knot tightens for Anvar

The Enforcement Directorate, which executed coordinated searches at the residence of former Nilambur MLA P V Anvar and properties linked to him and his associates in connection with an alleged loan misappropriation involving the Kerala Financial Corporation, has seized _ incriminating documents.

- HD Bureau

Investigators say KFC’s Malappuram branch suffered a loss of approximately 222.3 crore after multiple loans were sanctioned in violation of norms, including the use of the same property as collateral for successive loans.