Face2News/Chandigarh/Panchkula/New Delhi
The Central Bureau of Investigation (CBI) conducted searches on Saturday at six premises in connection with the ongoing investigation into a large-scale misappropriation fraud involving IDFC First Bank/AU Finance Bank, pertaining to siphoning of the Govt Funds in 08 departments of Govt. of Haryana and 02 departments of Union Territory of Chandigarh i.e. Municipal Corporation Chandigarh and CREST Chandigarh .
The search operations were carried out at premises located in Chandigarh, Panchkula, and Delhi NCR, which include residential premises of senior public servants of Haryana Cadre and M/s. Vipam Consultancy Pvt. Ltd. and its Director in connection with irregularities committed and with regard to receipt of proceeds of crime.
During investigation evidences have surfaced suggesting that the public servants had colluded with bank officials and had facilitated in opening of accounts, transfer of funds and subsequent diversion thereof. It is alleged that they have received undue advantages for their facilitation and inaction. M/s. Vipam Consultancy Pvt. Ltd. Noida, was found to have received the crime proceeds into the account which was subsequently transferred into Director’s personnel account.
Incriminating documents, Digital devices, Property Documents and other relevant material were seized during the search operations.
The CBI conducted investigations, after taking over one case from State Vigilance & ACB Haryana and two cases originally registered at the Economic Offences Police Station, Chandigarh.
The cases pertain to criminal conspiracy, misappropriation of government funds, and related offences allegedly committed in connivance with bank officials and public servants. Eight departments of Govt. of Haryana and 02 department of UT Chandigarh i.e. Municipal Corporation Chandigarh and CREST Chandigarh were affected by this fraud leading to misappropriation of Rs 661 Crores.
After completing initial investigation, CBI has already filed First Chargesheet before the Ld. CBI Court Panchkula in the case detailing the role of public servants of two departments i.e. Haryana Power Generation Corporation Ltd., Haryana School Shiksha Pariyojna Parishad of Government of Haryana.
The chargesheet also explained the modus operandi adopted to fraudulently siphon off government funds parked with IDFC First Bank and AU Finance bank of Haryana Government.
Investigation across all three cases is actively continuing and further action is being taken against all those found involved and additional chargesheet will be filed soon.
CBI remains firmly committed to the thorough and impartial investigation of financial crimes and misuse of public funds.
