Vigilance Raids KFC Office in Malappuram Over ₹12 Crore Loan Fraud Allegations Against P.V. Anwar

Malappuram: Vigilance officials have inspected the Kerala Financial Corporation (KFC) office in Malappuram over allegations that former Nilambur MLA P.V. Anwar influenced officials to secure a ₹12 crore loan in 2015, which has now grown to ₹22 crore, without repayment. Anwar is the fourth accused in the case, which alleges that the fraud caused heavy losses to KFC.