Face2News/Chandigarh
The Central Bureau of Investigation (CBI) conducted searches on Thursday at multiple locations in Chandigarh and Panchkula in connection with the Haryana IDFC First Bank/ AU Small Finance Bank Scam Case.
The case was handed over to the CBI by the Government of Haryana for investigation. It is alleged that certain officials of IDFC First Bank and AU Small Finance Bank, in connivance with public servants of various departments of the Government of Haryana, misappropriated Government funds through fraudulent means.
Searches were conducted at 07 locations, including residential premises, business establishments/showrooms of jewellers, premises of suspected beneficiaries of the misappropriated Government funds, and other private entities connected with the investigation.
During searches, various incriminating documents and articles were recovered and seized. These include financial records and digital evidence pertaining to the fraud and suspected misappropriation.
So far, 16 accused persons have been arrested in the case. The investigation has been expedited by the CBI, and several leads are being pursued. CBI is committed to conduct a comprehensive investigation in this case in the quickest possible time.
