ED investigates Rs 231 crore bank fraud linked to late BJD MLA's brother

The Enforcement Directorate (ED) searched properties linked to the late Khirod Chandra Mallik, brother of BJD MLA Pramila Mallik, in a Rs 231 crore bank fraud case. Mallik allegedly secured loans for his microfinance institution, BISWA, but misused the funds. He faced prior charges for defrauding investors and was arrested in connection with an acid attack.