ED Arrests Sawan Jewellers Partner in Rs 645-Crore IDFC First Bank Scam
The Enforcement Directorate (ED) arrested Rajan Singh Katodiah, partner and managing operator of Chandigarh-based Sawan Jewellers, in connection with a Rs 645-crore IDFC First Bank scam involving alleged embezzlement of government funds from Haryana and Chandigarh. Investigations revealed that Sawan Jewellers received about Rs 332 crore from shell and intermediary entities linked to prime accused Ribhav Rishi. The ED alleges Katodiah conspired to launder proceeds of crime, using the funds for business activities, and has custody for four days for further interrogation.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is negative (38/100). Lens Score 71/100.
Outlets measured: thetribune, freepressjournal. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (32–45/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
freepressjournal broke this story on 23 Oct, 01:46 pm. Other outlets followed.