Ex-bank official accused in 1997 fraud case goes missing

Special CBI Judge Anu Malhotra issued NBW against S S Wadhwa, former Chief Manager of Oriental Bank of Commerce, who had allegedly conspired with one N K Arora to provide him wrongful gains and causing loss to the bank during his stint with the bank's Saket branch here in 1993-96.

Wadhwa, along with Arora and eight others, was named as accused in the case registered by the CBI in 1997 and was out on bail.

The NBW was issued against him after he stopped appearing before the court when the matter was fixed for prosecution evidence.

Wadhwa attended court proceedings on February 22 this year, when the case had been adjourned for February 29 for leading prosecution evidence.

Wadhwa, however, did not attend the court on February 29 and a bailable warrant was issued against him. The CBI and Wadhwa's surety Kulbir Singh Chawla were directed to ensure his presence in the court on March 14.

The CBI, however, told the judge on March 14 that Wadhwa does not reside at the address mentioned in the court record, following which NBW was issued against him.

On April 24, the investigating officer told the court the NBW could not be served as Wadhwa's whereabouts are not known. The agency said Wadhwa used to reside in Sarita Vihar here with his son, but about two months ago, he left the house following a quarrel with him. (More)