CBI Conducts Searches in Rs 661 Crore Fraud Case Involving IDFC First Bank and AU Finance Bank
The Central Bureau of Investigation (CBI) has conducted searches at six locations across Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud. This case involves the siphoning of government funds from departments of the Haryana government and the Chandigarh administration. The searches, carried out on Friday, targeted premises linked to senior Haryana cadre public servants and Noida-based Vipam Consultancy Pvt Ltd, along with its director. The investigation revealed that public servants allegedly colluded with bank officials to facilitate the opening of accounts, transfer of funds, and their subsequent diversion. The CBI has seized incriminating documents, digital devices, and property documents during these operations. The probe is part of a larger investigation into the misappropriation of funds parked with IDFC First Bank and AU Finance Bank, affecting eight departments of the Haryana government and two departments of the Union Territory of Chandigarh. 
