Nagpur: It took two decades to finally spell a verdict in the Rs 150 crore NDCCB scam but the trial is yet to start for the accused number 10 — Kanan Mevawala — the mystery woman who has been missing since the first day, a local media report said.
According to the report, accused of having signed the forged documents, including contract notes for government securities’ (g-secs) transactions, she has been absconding for two decades. Her boss — Chairman of M/s Home Trade — Sanjay Agrawal’s name too was not among those convicted by the special court on Friday. Accused number 3, Agrawal is also the alleged kingpin in the entire case, the report claimed.
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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 be only spelt after the trial against her is concluded, said the report quoting the prosecution team. Since she has not been arrested, the trial has not started, the report added.
The cops said they made all the efforts to find her but failed. Even her parents had registered a missing complaint. She was in her twenties then. Mewawala was arrested by the CBI for a similar fraud in the Raghuvanshi Cooperative Bank case in Mumbai. She fled after getting bail in the case. Sanjay Agrawal is facing trial for a similar fraud in multiple banks, the media report claimed.
Accused in more than one case of the same nature, he had filed a plea that all his cases should be clubbed into one and heard separately. His trial continues at Mumbai.
Meanwhile, the banks had filed cases against cheque dishonour against Home Trade and the verdict was issued too. There are rumours that Mewawala finally settled abroad. Agrawal had surrendered before the police in 2002. Soon after he got bail in the NDCCB case, he was arrested by the CBI.
