CBI Conducts Searches in Rs 645-661 Crore IDFC First Bank-AU Finance Bank Fraud Case
The CBI conducted searches at six locations in Chandigarh, Panchkula, and Delhi-NCR related to an alleged Rs 645-661 crore fraud involving misappropriation of government funds from Haryana and Chandigarh departments. The probe targets senior Haryana cadre IAS officers and entities like Vipam Consultancy Pvt Ltd, with allegations of collusion between public servants and bank officials at IDFC First Bank and AU Finance Bank. Incriminating documents and digital evidence were seized. The investigation follows prior cases by state vigilance and economic offences agencies, with the Enforcement Directorate also probing money laundering aspects.