Why Is CBI Investigating Odisha’s High Profile Businessman Mahimananda Mishra?

Mahimananda Mishra, one of the richest businessmen of Odisha with an estimated net worth of Rs 10,000 crore seems to be in trouble with the CBI on his tail. Mishra, who runs Orissa Stevedores is being investigated for questionable business practices that includes corruption and bribing officials at Paradip port. Four decades old Orissa Stevedores is the flagship company of the OSL Group which has presence in shipping, mining, logistics, and exports. The allegations against Mishra, who has been arrested in the past, ranges from bribery, corruption, ducking court summons. But what is worrying Mahima is that CBI after raiding his office and residence also raided the residences of his two sons Chandan and Charchit but took into custody only Charchit. So what led to Mishra’s downfall? He is known for making a killing by providing labour for loading and unloading cargo at the Paradip port by questionable methods. His company held sway at Paradip port and nobody dared challenge him. Little wonder he is known as Odisha’s stevedore king. His meteoric rise saw him being conferred business leader award 12 years ago by the Odisha chief minister Naveen Patnaik. But, nobody reckoned Mishra’s reputation will hit rock bottom.  “With CBI investigating  Mahima’s ways of doing business in Odisha, is bound to improve accountability, plug loopholes and bring in transformational changes in the state so as to ensure such incidents do not recur,” says a confident retired  bureaucrat.