Archive · 23 Aug 2025
Court Issues Notice in ₹122 Crore Bank Scam; Couple Absconding
Hiren Bhanu, who used to be in charge of a bank, and his wife, Gauri Bhanu, are in trouble.
They are accused of stealing ₹122 crore from the New India Co-operative Bank.
After the crime, they ran away.
Now, the court has told them to come back.
The police are getting ready to ask for a special international notice to help find them after they change the documents to English.
Esplanade Court issued a proclaimed notice against Hiren Bhanu and his wife, Gauri Bhanu.
The couple is accused of embezzling ₹122 crore from New India Co-operative Bank.
The Economic Offences Wing (EOW) issued a non-bailable warrant against them.
Hiren Bhanu and Gauri Bhanu fled abroad before the scam became public.
EOW is preparing to request a Red Corner Notice after translating the chargesheet to English.
- Who
- Hiren Bhanu, former chairman of New India Co-operative Bank, and his wife Gauri Bhanu.
- What
- Esplanade Court issued a proclaimed notice against Hiren Bhanu and his wife for embezzling ₹122 crore.
- When
- After the scam came to light.
- Where
- Mumbai, India.
- Why
- To address the embezzlement of ₹122 crore from the New India Co-operative Bank.
- Accused
- Hiren Bhanu and Gauri Bhanu
- Bank
- New India Co-operative Bank
- Amount Embezzled
- ₹122 crore
- Court
- Esplanade Court
- Legal Action
- Proclaimed Notice, Non-bailable warrant, potential Red Corner Notice