Malappuram (Kerala), Nov 21 (PTI) The Enforcement Directorate (ED) on Friday raided the premises of former MLA P V Anvar and four others in this district in connection with the Kerala Financial Corporation (KFC) loan misappropriation case, officials said.

The ED is probing a case under the Prevention of Money Laundering Act (PMLA) against Anvar (58), his driver Siyad, and three KFC officials — Abdul Manaf, T Mini and Muneer Ahamed.

According to ED sources, the agency initiated the investigation after the Kerala Vigilance and Anti-Corruption Bureau (VACB) recently registered a corruption case related to loan misappropriation at the KFC Malappuram office.

Officials said that in 2015, KFC Malappuram sanctioned a loan of Rs 7.5 crore to Anvar’s driver Siyad for business purposes without pro

See Full Page