# Two Former MCCB Officials Arrested Over Rs 64.42 Lakh Fraud

2026-08-06T22:56:20+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

Odisha Vigilance has arrested former Mayurbhanj Central Cooperative Bank manager Dichen Kumar Mishra and former employee Malay Kumar Dutta over an alleged Rs 64.42 lakh fraud at the Bahalda branch. The arrests followed an investigation into transactions between 2019 and 2024. Vigilance alleges that the accused, along with three other bank employees, created fake Loan Against Term Deposit accounts against 24 genuine fixed deposits without customers’ consent. The accounts were allegedly used to divert government funds. The accused are being produced before the Special Judge, Vigilance, in Baripada. The investigation continues.

## Coverage

- odishatv.in <https://odishatv.in/odisha/former-mccb-officials-arrested-in-rs-6442-lakh-financial-fraud-case-in-odisha-12237059>

Tags: Co-operative banks, financial fraud, Mayurbhanj bank, Odisha Vigilance
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