MALAPPURAM: Axis Bank has served a foreclosure notice to PV Anwar MLA for defaulting on a loan of Rs 1 crore 14 lakh. The bank informed that it will attach one acre and 40 cents of land belonging to Anwar. Axis Bank has issued a newspaper ad in this regard.

Meanwhile, the demolition work of the ropeway and towers, owned by PV Anwar's father-in-law Abdul Latheef at Cheenkannipoyil on Kakkadampoyil hills, is underway. Anwar and others have come up challenging the move. The MLA has made this issue a hot topic on social media.