The central bureau of investigation (CBI) has filed its third chargesheet against 19 accused, including six IAS (Indian Administrative Services) officers, three officials of IDFC First Bank and an official of AU Small Finance Bank, in a case involving the alleged misappropriation of ₹504 crore in government funds in Haryana.
In
a release, the agency said, the charge-sheet was filed before the special judge for CBI cases in Panchkula. The case relates to the alleged diversion of funds belonging to various Haryana government departments and organisations whose accounts were maintained with IDFC First Bank and AU Small Finance Bank.
According to CBI, its investigation has uncovered a conspiracy involving government officials and bank employees to divert public funds through newly opened bank accounts and subsequently transfer them to unrelated third parties.
The 19 accused have been booked for alleged offences, including criminal conspiracy, cheating, forgery, destruction of evidence, use of forged documents as genuine, falsification of accounts, criminal breach of trust, and abetment, under the Bharatiya Nyaya Sanhita (BNS). The chargesheet also includes alleged offences of bribery and criminal misconduct under the Prevention of Corruption Act.
Funds Allegedly Diverted through Bank Accounts
The agency said funds belonging to eight departments and organisations from the Haryana government were moved from various empanelled banks into specific branches of IDFC First Bank and AU Small Finance Bank, where the accused bank officials were posted.
CBI alleged that this was done in violation of financial prudence and fraud-prevention guidelines issued by the Haryana government's finance department.
Once the money was transferred to the accounts, it was allegedly siphoned off through fraudulent transactions and routed to third parties with no connection to the government departments concerned.
The agency said the diverted funds were then layered through multiple bank accounts before being converted into cash. The accused allegedly used the process to wrongfully enrich themselves.
The departments and organisations identified as having suffered losses are the department of panchayat, municipal corporations of Panchkula and Kalka, Haryana school shiksha pariyojna parishad (HSSPP), Haryana labour welfare board (HLWB), Haryana state agricultural marketing board (HSAMB), Haryana state pollution control board (HSPCB) and Haryana Power Generation Corporation Ltd (HPGCL).
Total Number of Charge-sheeted Accused Reaches 37
The latest charge-sheet takes the total number of people charge-sheeted by CBI in the case to 37. Before the latest filing, the agency had charge-sheeted 18 other accused, including officials of IDFC First Bank and AU Small Finance Bank, Haryana government employees, private individuals and private companies.
CBI said it has so far conducted 54 searches in connection with the case and seized incriminating material. Among the assets seized is gold valued at around ₹20 crore. The agency has also arrested 26 accused persons during the investigation.
CBI had taken over the case from Haryana's State vigilance and anti-corruption bureau following a request from the state government.
The investigation has also expanded to two related cases originating in the Union Territory (UT) of Chandigarh.
CBI said it has taken over one case concerning Chandigarh Smart City Ltd (CSCL) and the municipal corporation Chandigarh, while the second relates to the Chandigarh renewable energy and science & technology promotion society (CREST).
Charge-sheets have already been filed in both the Chandigarh cases, according to the agency.
CBI said investigations in all three matters remain open and will continue against other suspects and accused.
The agency said it is pursuing the remaining trail of the allegedly misappropriated public funds and efforts are underway to trace the proceeds of crime and identify all those responsible.
The filing of a charge-sheet represents the investigating agency's allegations and is subject to judicial scrutiny and trial.
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