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CBI Charges 17 in Rs 657 Crore IDFC Bank Fraud as Senior Haryana IAS Officers Are Held or Suspended

The agency says government funds were routed through accounts at IDFC First and AU Small Finance Bank to shell firms and is pursuing further arrests and court hearings to trace and recover money.

Overview

  • The CBI has filed a chargesheet naming 17 accused in the Haryana case, including six bank officials, three state employees, two companies and six private individuals.
  • Senior IAS officers have been arrested or suspended after the probe widened, with Pankaj Agarwal produced to court and remanded to custody and other officers questioned or removed from key posts.
  • The agency says funds were moved from eight Haryana departments and the Chandigarh administration into accounts at IDFC First Bank and AU Small Finance Bank and then diverted to shell firms, including Rs 70 crore to Swastik Desh Projects and over Rs 53 crore to Capcp Fintech Services.
  • On June 23 the CBI arrested Saurav Sharma, a data-entry operator at the Haryana State Pollution Control Board, and the agency is seeking responses in court to an anticipatory-bail plea filed by suspended officer Pardeep Kumar with a hearing set for July 2.
  • Investigators have also filed separate chargesheets in linked Chandigarh cases and say they are tracing the money trail to recover public funds, a process that could affect payments and projects run by the implicated departments.