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Home » News » National
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Haryana Government Accounts Fraud of Rs 590 Crore Unveiled

Indian Community Editorial TeamBy Indian Community Editorial TeamFebruary 23, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Haryana Government Accounts Fraud of Rs 590 Crore Unveiled
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The Haryana Vigilance and Anti-Corruption Bureau has initiated legal action in a Rs 590-crore scam involving Haryana government funds at IDFC First Bank and AU Small Finance Bank in Chandigarh. Bank officials, public servants, and others are facing charges under relevant sections of anti-corruption laws. The state government detected discrepancies between bank statements and official records, leading to the removal of the bank from the government’s panel.

Chief Minister Nayab Singh Saini disclosed that the irregularities were exposed through the vigilance of government departments, prompting immediate measures to address the issue. An FIR has been filed under the Prevention of Corruption Act and other legal provisions. IDFC First Bank acknowledged the misconduct by its employees and took corrective actions before the government intervened.

The government assured that all funds are secure, with plans to transfer the entire amount to a nationalized bank. Investigations will determine the extent of involvement by bank employees or other individuals in the fraudulent activities. The Chief Minister emphasized the government’s proactive stance in addressing the matter promptly and ensuring accountability for those responsible.

Leader of Opposition Bhupinder Hooda raised concerns over the alleged scam, criticizing the government for delays in taking decisive action. He highlighted the manipulation of accounts across multiple government departments, urging swift and stringent measures to address the situation. The government pledged a thorough investigation to hold accountable anyone found guilty in the fraudulent scheme.

AU Small Finance Bank Bharatiya Nyaya Sanhita Chief Minister Nayab Singh Saini Haryana Government Haryana Vigilance and Anti-Corruption Bureau IDFC First Bank Leader of Opposition Bhupinder Hooda Prevention of Corruption Act SEBI
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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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