Overview
- Chandigarh Police say Vikram Wadhwa identified several officials from Haryana and the UT in statements that investigators are now corroborating.
- Wadhwa was arrested in Kharar and remanded to five days’ police custody to trace a money trail spanning more than 2,400 transactions.
- Authorities say roughly ₹780 crore in public funds were diverted, including about ₹590 crore from Haryana departments and around ₹190 crore tied to Chandigarh MC and CREST.
- The Haryana ACB reports 12 arrests so far, including six IDFC First Bank employees, one government official, four private individuals and jeweller Rajan Katodia.
- Investigators describe funds layered through shell firms and a jeweller, with raids across multiple cities, over 100 bank accounts frozen and ₹116.84 crore in missing FDRs flagged from MC records.