Meghnad Desai

The idea of Pakistan


Meghnad Desai

Non-bailable warrant against ex-bank official

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A city court has issued a fresh non-bailable warrant (NBW) against a former chief manager of a public sector bank, accused in a 15-year-old-forgery and cheating case, who has remained "untraceable" since he was released on bail in February this year.

Special CBI judge Anu Malhotra issued a fresh NBW against S S Wadhwa, former chief manager of the Oriental Bank of Commerce, accused of having conspired with private persons to sanction various credit facilities to co-accused N K Arora without following proper procedure and causing wrongful loss to the bank during his stint with the bank's Saket branch in 1993-96.

The court has repeatedly issued NBWs against Wadhwa, who, according to reports filed before court by the CBI, was living in Sarita Vihar with his son till February 2012, but left the house allegedly after a quarrel with the son. Since then, his wife, who is also a co- accused in the case, and his son have told the court that they have no knowledge of Wadhwa's whereabouts. On August 31, the CBI had told the court that sources deployed in other states were also unable to locate him.

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