₹122 Crore New India Co-Operative Bank Scam: EOW Issues Second Non-Bailable Warrant Against Absconding Bhanu Couple

₹122 Crore New India Co-Operative Bank Scam: EOW Issues Second Non-Bailable Warrant Against Absconding Bhanu Couple

The EOW issued a non-bailable warrant (NBW) against Hiren Bhanu (former chairman) and his wife Gauri Bhanu (acting vice-chairman) Second time after filling Chargesheet, who fled abroad before the scam was exposed.

Poonam AprajUpdated: Thursday, July 10, 2025, 11:29 PM IST
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Hiren Bhanu and Gauri Bhanu, who are considered the masterminds behind the scam | File Photo

Mumbai: The Economic Offences Wing (EOW), investigating the ₹122 crore scam at New India Cooperative Bank, has tightened its noose around the absconding Bhanu couple.

The EOW issued a non-bailable warrant (NBW) against Hiren Bhanu (former chairman) and his wife Gauri Bhanu (acting vice-chairman) Second time after filling Chargesheet, who fled abroad before the scam was exposed.

According to a senior EOW officer, the couple was initially served with a lookout circular, followed by a blue-corner notice, requesting them to appear for questioning. However, they failed to comply, prompting the EOW to secure the first non-bailable warrant in March.

With fresh warrant in place, the EOW can directly arrest the couple. Since their last known location was overseas, officials are considering seeking Interpol's assistance to bring them back to India.

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