Odisha Vigilance Books Ex‑MCCB Officials in ₹21.44 Lakh Fraud Case
Odisha Vigilance has registered a case against two former officials of Mayurbhanj Central Cooperative Bank (MCCB), Bahalda Branch, for misappropriation of Rs 21.44 lakh.
The accused, ex‑Branch Manager Dichen Kumar Mishra and ex‑Assistant Manager Gourab Kumar Das, allegedly diverted funds meant for repayment of loans of Tiring Large Sized Adivasi Multipurpose Cooperative Society (LAMPCS) into 12 fraudulent loan accounts.
Investigations revealed that these accounts were used to adjust unauthorised loans previously sanctioned by the accused.
The case has been filed as Baleshwar Vigilance PS Case No.19/2026 under the Prevention of Corruption (Amendment) Act, 2018 and relevant IPC sections.
This is not the first time the duo has faced charges. On August 6, 2026, they were arrested in connection with another fraud of Rs 64.42 lakh involving fake Loan Against Term Deposit (LATD) accounts created against 24 genuine fixed deposits without customers’ knowledge. That case was registered as PS Case No.14/2026.
The repeated instances of financial misappropriation highlight systemic vulnerabilities in cooperative banking structures in Mayurbhanj, raising concerns over accountability and oversight.
