Source : INDIA TODAY NEWS
The Central Bureau of Investigation (CBI) on Sunday conducted searches at six locations across Chandigarh, Panchkula, and Delhi-NCR in connection with a massive Rs 661-crore government funds misappropriation case linked to IDFC First Bank and AU Finance Bank.
The raids targeted the premises of senior Haryana government officials alongside Noida-based Vipam Consultancy Private Limited and its director. Investigators suspect deep collusion between public servants and bank officials in illegally opening bank accounts, transferring state funds, and diverting the money for personal gains.
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According to the central agency, the financial fraud impacted eight Haryana government departments and two Chandigarh Union Territory entities, specifically the Municipal Corporation Chandigarh and the Chandigarh Renewable Energy and Science & Technology Promotion Society.
The agency alleged that the government funds were systematically siphoned off through a well-planned conspiracy orchestrated by bank officials and public servants.
During the extensive searches, CBI operatives seized numerous incriminating documents, digital devices, and property-related records. Investigators also uncovered evidence suggesting that Vipam Consultancy received direct proceeds of the crime, which were later transferred into the personal bank account of its director.
The probe has already resulted in the filing of a first chargesheet before the Special CBI Court in Panchkula. This initial filing details the alleged roles of officials from the Haryana Power Generation Corporation Limited and the Haryana School Shiksha Pariyojna Parishad. Law enforcement officials stated that further chargesheets are expected to be submitted as the investigation continues to unfold.
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SOURCE :- TIMES OF INDIA
