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Haryana CM: Money from IDFC Bank Fraud Returned, Employees Involved

Indian Community Editorial TeamBy Indian Community Editorial TeamFebruary 24, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Haryana CM: Money from IDFC Bank Fraud Returned, Employees Involved
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Haryana Chief Minister Nayab Singh Saini informed the Assembly that the funds involved in the fraud at the Chandigarh branch of IDFC First Bank have been fully refunded to the government accounts. A total of Rs 556 crore, including Rs 22 crore in interest, was returned within 24 hours. The Chief Minister disclosed the involvement of several employees from the bank’s Chandigarh branch in the fraudulent activities.

The Chief Minister emphasized that strict action will be taken against anyone implicated in the case, regardless of their affiliation. He reassured the public that under Prime Minister Narendra Modi’s watchful eye, the state’s governance has been strengthened to safeguard the hard-earned money of its 2.8 crore residents. A committee led by the Finance Secretary has been established to investigate the matter thoroughly and propose measures to prevent future occurrences.

Following the discovery of fraudulent activities amounting to Rs 590 crore at the Chandigarh branch, IDFC First Bank reported the incident. The state’s Vigilance and Anti-Corruption Bureau has filed an FIR against bank officials, public servants, and others under relevant sections of the law. Meanwhile, the opposition Congress has called for a CBI probe into the scam, highlighting its magnitude and the involvement of influential figures.

Bharatiya Nyaya Sanhita CBI Chandigarh Congress Finance Secretary Haryana Assembly IDFC First Bank Nayab Singh Saini Prevention of Corruption Act Prime Minister Narendra Modi Vigilance and Anti-Corruption Bureau
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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