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The Directorate of Enforcement (ED), probing the alleged misappropriation of loans by former MLA P.V. Anvar from the Kerala Financial Corporation (KFC), has issued a notice asking him to appear for interrogation, officials said on Monday.
Sources said that Mr. Anvar has been asked to appear before the Enforcement Directorate (ED) office in Kochi on December 31. Officials said the notice was sent to Mr. Anvar by post and email.
Mr. Anvar is currently associated with the All India Trinamool Congress, which was recently included as an associate party of the Congress-led United Democratic Front.
The ED had carried out raids on the residences and business premises linked to Mr. Anvar in Malappuram in November this year. The agency is probing a ₹7.5-crore loan granted by the KFC to Malamkulam Constructions, a firm associated with Mr. Anvar, in 2015.
Subsequently, loans amounting to ₹3.05 crore and ₹1.56 crore were sanctioned to Pee Vee Aar Developers using the same collateral properties within a short interval, resulting in a total non-performing asset (NPA) of around ₹22.3 crore, the ED said in a statement.
The statement said the ED identified as many as 15 bank accounts held in the names of different persons, allegedly benamis, through which suspected transactions had taken place.
Published – December 29, 2025 08:31 pm IST
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