Overview
- The state’s anti‑corruption FIRs, which Haryana moved Tuesday to send to the CBI, will anchor a new federal case into how government deposits were diverted.
- Investigators are examining about Rs 590 crore tied to accounts of Haryana departments at IDFC First Bank and AU Small Finance Bank.
- In the Kotak Mahindra Bank mismatch involving Panchkula Municipal Corporation fixed deposits, the bank has placed about Rs 127 crore back with the civic body as reconciliation continues.
- Police have arrested about 15 people, including bank staff and government officials, on charges of using shell firms and forged records to siphon funds, and the Enforcement Directorate has searched 19 locations.
- Haryana’s finance department had warned in 2025 about weak controls and set a Rs 25 crore cap on deposits in private banks, a backdrop that now raises wider questions about oversight of public money.