CBI Conducts Searches in Alleged Rs 661 Crore Fraud Involving IDFC First Bank and AU Finance Bank
The Central Bureau of Investigation (CBI) has conducted searches at six locations in 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 targeted premises linked to senior Haryana cadre public servants and Noida-based Vipam Consultancy Pvt Ltd and its director. The investigation revealed that public servants allegedly colluded with bank officials to facilitate the opening of accounts, transfer of funds, and subsequent diversion. The CBI has seized incriminating documents, digital devices, and property documents during the search operations. The probe is part of a larger investigation into misappropriation of funds parked with IDFC First Bank and AU Finance Bank, affecting multiple government departments. 
