It took 20 years to decide the verdict in the Rs 150 crore NDCCB scam. However, the trial for accused number 10, Kanan Mevawala, who is a mysterious woman and has been missing since the beginning, hasn’t started yet, as per a local media report.
As per the report, she is accused of signing forge documents, like contract notes for government securities’ transactions. She has been missing for twenty years. Her boss, Chairman of M/s Home Trade Sanjay Agrawal’s name too, was not among those convicted by the special court on Friday. The third person accused, Agrawal, is said to be the alleged kingpin in the whole case, according to the report. The bank had routed its funds through Home Trade and other companies, which were ultimately lost. For Mevawala to face trial, she needs to be produced before the court. A verdict can only be spelled out after the trial against her is concluded, according to the report, quoting the prosecution team. Since she has not been arrested, the trial has not started, the report added.
Efforts to locate Mevawala, including a missing complaint by her parents, have failed. She was in her twenties at the time. Mevawala was previously arrested by the CBI for a similar fraud in the Raghuvanshi Cooperative Bank case in Mumbai. After getting bail, she fled. Sanjay Agrawal is facing trial for a similar fraud in multiple banks, according to the media report.
Accused in more than one case of the same nature, Agrawal filed a plea for his cases to be combined and heard separately. His trial continues in Mumbai.