The Haryana government has recommended handing over the Rs 590-crore IDFC First Bank and AU Small Finance Bank scam to the Central Bureau of Investigation (CBI) for further investigation.
Chandigarh Police has also been probing the matter linked to the alleged siphoning of funds belonging to the Chandigarh Administration.
In Haryana, funds from eight government departments linked to 12 different bank accounts are involved in the scam. Currently, the State Vigilance and Anti-Corruption Bureau (SV&ACB) is probing the matter, and 15 individuals have been apprehended so far.
Out of the 12 bank accounts under scrutiny, ten were maintained in IDFC First Bank, while two accounts were held in AU Small Finance Bank.
Investigating officers found that the main accused had created multiple fake firms and shell companies to illegally divert government funds into multiple bank accounts.
Some of the firms identified during the investigation include R S Traders, Cap Co Fitech Services, SRR Planning Gurus Pvt Ltd, and Swastik Desh Project, among others.
An FIR in the case was registered on February 23 at the SV&ACB Police Station in Panchkula under provisions of the Prevention of Corruption Act, 1988 (as amended in 2018), along with relevant sections of the Bharatiya Nyaya Sanhita, 2023.
The SV&ACB investigation further revealed that the accused allegedly manipulated banking records by preparing fake debit memos to transfer funds into multiple accounts directly or indirectly connected to themselves and their relatives.
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