Bhanwar Singh Shekhawat

Bhanwar Singh Shekhawat (भवरसिंह शेखावत) (born 1949) is an Indian politician and member of the Indian National Congress. Shekhawat was a former chairman of Apex Bank Madhya Pradesh,[1] and currently member of the Madhya Pradesh Legislative Assembly from Badnawar and previously from Indore-5.[2][3][4]

An alumnus of Indore University, he holds an M.A. in Economics (1975), M.A. in Political Science (1979), and Bachelor of Laws (L.L.B.) (1982).[5]

Prosecution Sanction, 2013

On 26 June 2013, the Madhya Pradesh state government granted sanction to prosecute Shekhawat and eight others for allegedly facilitating a wrongful settlement of a loan taken by IAS officer Ramesh Thete’s wife, Manda. The Lokayukta’s Special Police Establishment had earlier registered an FIR and sought prosecution approval.[6]

Allegations and Case Details

Manda Thete had obtained a loan of ₹25 lakh in 2001 which grew to ₹93 lakh due to accrued interest. Despite defaults and existing criminal proceedings, bank officials purportedly arranged a settlement for ₹53 lakh. Shekhawat was implicated for approving this settlement in contravention of rules.[7]

References

  1. ↑ "Profile". Eg.apexbank.in. Retrieved 10 February 2022.
  2. ↑ "Live: Chauhan to be richest CM". Deccan Chronicle. 7 December 2013. Retrieved 10 February 2022.
  3. ↑ "Bhanwar Singh Shekhawat(Bharatiya Janata Party(BJP)):Constituency- BADNAWAR(DHAR) - Affidavit Information of Candidate". Myneta.info. Retrieved 10 February 2022.
  4. ↑ "Govt to open ITI at Badnawar, colleges at Bidwal, Kanwan". Dailypioneer.com. Retrieved 10 February 2022.
  5. ↑ "Bhanwar Singh Shekhawat: A Stalwart of Public Service and Champion of the Cooperative Movement - STARS OF MP". 14 March 2026. Retrieved 23 August 2026.
  6. ↑ MP :govt nod to prosecute Apex Bank chairman, Hindustan Times.
  7. ↑ Loan fraud: HC rejects Thete's review petition, The Times of India.