Odisha Vigilance has registered a fresh case against two former officials of Mayurbhanj Central Cooperative Bank’s (MCCB) Bahalda branch for allegedly embezzling ₹21.44 lakh.
The accused, former branch manager Dichen Kumar Mishra and former assistant manager Gaurav Kumar Das, reportedly diverted loan repayment funds meant for the Tiring LAMPCS into 12 fake loan accounts to cover up previous illegal loans. Balasore Vigilance has booked the duo under the Prevention of Corruption Act and IPC.
This follows their arrest on August 6, 2026, over a separate ₹64.42 lakh scam involving unauthorized 'Loan Against Term Deposit' accounts opened against 24 customers' fixed deposits. These back-to-back scandals have sparked widespread concern regarding deep-seated financial irregularities within MCCB, with Vigilance probing the potential involvement of other individuals.