Malla Vijay Prasad

Odisha Economic Offences Wing prays for remand of former Andhra MLA in chit fund scam

Former MLA in Andhra Pradesh Malla Vijay Prasad along with two directors of the firm are accused of duping more than 150 depositors to the tune of over Rs 2 crore in Odisha between 2009 and 2014.

published on : 10th September 2021

EOW to seek Malla Vijay Prasad’s remand

The former Visakhapatnam West MLA, who is the managing director of Wellfare Buildings and Estates, was arrested from his residence at Seethammadhara in Andhra Pradesh on Monday.

published on : 9th September 2021

Senior YSR Congress leader arrested by Odisha Crime Branch in chit fund scam

CBI had in 2016 raided Prasad’s house and offices in connection with the alleged Rs 1,200 crore chit fund scam committed by Wellfare Building and Estates in Odisha and Jharkhand among other states.

published on : 8th September 2021