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Haryana seeks CBI probe into Rs 590-cr IDFC First, AU Small Finance Bank scam
The Haryana Government has written to the Centre, recommending a CBI probe into the Rs 590-crore scam involving IDFC First Bank and AU Small Finance Bank, in which government funds were siphoned off. Twelve bank accounts across the eight Haryana departments were affected: 10 at IDFC First Bank and two at AU Small Finance Bank. […]
cityfalcon.com·4d ago
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Haryana govt to recommend CBI probe into Rs-590-crore scam involving IDFC First Bank, AU Small Finance Bank
Sources said that the state government has decided to recommend an inquiry by the central agency due to the magnitude and gravity of the scam.
cityfalcon.com·4d ago
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Haryana Bank Fraud: CBI Steps In To Probe Diversion Of Government Funds
Around Rs 590 crore linked to Haryana government departments is under scrutiny in IDFC First Bank and AU Small Finance Bank.
cityfalcon.com·4d ago
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Haryana Govt recommends CBI probe into Rs 590 crore IDFC First, AU Small Finance Bank scam
The Haryana government has recommended transferring the IDFC First Bank and AU Small Finance Bank scam, involving around Rs 590 crore, to the Central Bureau of Investigation (CBI). Chandigarh Police has also been investigating the case in connection with the siphoning off funds of the Chandigarh Administration In Haryana, funds from eight government departments across […]
cityfalcon.com·5d ago
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Kotak Bank detects Rs 150 cr fraud at Panchkula branch, probe on
Photo: @InvGurInd/X New Delhi, March 25 : A major financial irregularity has come to light in Haryana, where the Panchkula Municipal Corporation has found discrepancies of over Rs 150 crore in its fixed deposits with Kotak Mahindra Bank. The development comes just a month after a Rs 590-crore fraud was reported at the Chandigarh branch of IDFC First Bank. The civic body had invested funds in fixed deposit receipts (FDRs) at the bank’s Sector 11 branch. However, the issue surfaced when the corporation requested the maturity amount of a Rs 58-crore deposit to be transferred into its account. While bank records initially showed that the transfer had been completed, the money never reached the corporation. A closer investigation revealed that the bank statement itself was fake, and the funds had allegedly been diverted into fraudulent accounts. Officials later found that all the fixed deposits linked to this case were forged and that no actual money was present in the accounts, as per the report.
cityfalcon.com·10d ago
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