Four Arrested, 6 IAS Officers Found Involved in ED Raids Across Haryana in Rs 645 Crore IDFC First Bank Fraud
- The Enforcement Directorate searched about 14 jewellery-related premises in Chandigarh, Mohali and Panchkula over alleged embezzlement of Rs 645 crore from government-linked accounts.
- ED officials alleged that public funds were routed through jewellers and presented as legitimate business transactions before reaching accused officials.
- The Central Bureau of Investigation’s third chargesheet names six Haryana-cadre IAS officers and other government employees in the bank-fraud case.
- The Enforcement Directorate has arrested four people, filed a complaint against 14 accused and attached, seized or frozen assets worth about Rs 211 crore.
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12 Articles
Four arrested, 6 IAS officers found involved in ED raids across Haryana in Rs 645 crore IDFC First Bank fraud
The ED has so far arrested four accused and attached, seized or frozen assets worth around Rs 211 crore. It has also filed a prosecution complaint against 14 accused before a special PMLA court in Panchkula.
Rs 645 crore Haryana funds scam: ED searches 14 premises, targets jewellers in money laundering probe
The Enforcement Directorate carried out searches at 14 locations in Chandigarh, Mohali, and Panchkula. This investigation relates to the alleged embezzlement of Rs 645 crore of public funds by various entities. Evidence was recovered during these searches, indicating the routing and layering of proceeds of crime. The investigation has linked these activities to certain jewellers and IAS officers involved in the fraud.
ED Raids 14 Places in Chandigarh, Mohali and Panchkula in Rs 645 Crore Alleged Embezzlement of Public Funds
Get latest articles and stories on India at LatestLY. The Enforcement Directorate (ED) on Tuesday conducted searches at 14 premises across Chandigarh, Mohali and Panchkula in connection with its money laundering investigation into the alleged embezzlement of Rs 645 crore of public funds belonging to the Haryana government, Chandigarh Municipal Corporation and other government accounts. India News | ED Raids 14 Places in Chandigarh, Mohali and Pa…
According to the ED report, the role of jewellers in laundering the proceeds of crime allegedly siphoned off from the bank accounts of various departments and the Chandigarh UT administration is being investigated.
Rs 10 lakh a month to dancer girlfriend, Rs 4 cr Delhi house: The costly love affair behind Rs 657-cr IDFC bank scam - The Tribune
In the middle of the Rs 657-crore bank scam in Haryana and Chandigarh, when public funds were being siphoned from government departments’ accounts over one-and-a-half years, a love story was also blossoming.
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