Bhubaneswar: With the arrest of Mahimananda Mishra, Managing Director of Orissa Stevedores Pvt Ltd (OSL) by the Commissionerate Police, uncertainty has loomed large over his vast business empire.
During his college days, Mishra had shown his leadership quality as he was the president of Stewart Science College and later went on to become the president of Madhusudan Law College.
After completing his degree in Law, he began his profession as a contractor in Paradip. In course of time, he started supplying labourers to Paradip Port Trust (PPT) for cargo handling. Later, along with some of his friends, he began stevedoring business and subsequently set up OSL. Within a few days, Mishra and his company had their monopoly in stevedoring in Paradip and made hefty profits.
After consolidating his business in stevedoring, Mishra gradually began to expand his business into hotel industry, education, hospitality, automobile, mining, construction and chartered aviation.
However, events took a new turn in 2015 after OSL faced stiff competition from Seaways Shipping & Logistics Ltd after the latter got the contract from JSPL. This triggered bitter rivalry between the two companies which subsequently resulted in the brutal broad daylight murder of Seaways General Manager Mahendra Swain on October 26 this year.
In course of investigation, police came to know about the involvement of OSL and Mishra in the murder and finally nabbed him and his associate Basant Bal from Bangkok after being informed by the Thailand Immigration Police.