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CBI Probes Rs 25 Crore Fraud Linked to Missing Cheque in IDFC-AU Bank Scam

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CBI Probes Rs 25 Crore Fraud Linked to Missing Cheque in IDFC-AU Bank Scam

Reviewed byDushyant Deshmukh· Investigative Writer· Edited byOjas Kale
Analysed 3 Jun 2026·2 sources analysed·Panchkula, India·Crime
CBI Probes Rs 25 Crore Fraud Linked to Missing Cheque in IDFC-AU Bank ScamPreviousNext

The CBI investigation into a Rs 645-crore scam involving IDFC First Bank and AU Small Finance Bank uncovered an unauthorized Rs 25 crore transfer from the Haryana Power Generation Corporation Limited Pension Fund Trust to a shell company via missing cheque No. 21. The account, linked to accounts officer Balwant Singh, was opened in 2025 and shifted between branches. A suicide note by Singh revealed details about the missing cheque, which was kept under the custody of Divisional Accountant Jaibir Singh. The CBI identified Ribhav Rishi as the alleged mastermind.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans left-leaning overall (Left 66%, Centre 32%, Right 2%). Overall sentiment is negative (25/100). Lens Score 79/100 — high public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • thetribune— left-leaning framing, negative sentiment
  • thetribune— left-leaning framing, negative sentiment
Political Bias
66%32%2%
Sentiment
25%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 3 Jun 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 66%● Center 32%● Right 2%

The articles primarily present the investigation details from the Central Bureau of Investigation without evident political framing. They focus on procedural facts, key individuals involved, and the scam's mechanics. There is no explicit political commentary or partisan perspective, reflecting a neutral law enforcement viewpoint.

Sentiment — Negative (25/100)

The tone across the articles is factual and investigative, emphasizing the uncovering of fraudulent activities and the role of evidence like the suicide note. While the subject matter is negative due to the scam, the coverage remains objective without sensational language, maintaining a serious and informative sentiment.

How 2 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

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SourceTheir headlineBiasSentiment
thetribuneIDFC-AU bank scam: CBI traces Rs 25-cr fraud to missing cheque, suicide note key evidence - The TribuneLeftNegative
thetribuneIDFC First-AU Bank scam: How a suicide note revealed story of a missing cheque - The TribuneLeftNegative

Coverage timeline

thetribune broke this story on 3 Jun, 05:34 pm. Other outlets followed.

  1. 1
    thetribune3 Jun, 05:34 pm
    IDFC First-AU Bank scam: How a suicide note revealed story of a missing cheque - The Tribune
  2. 2
    thetribune3 Jun, 08:10 pm
    IDFC-AU bank scam: CBI traces Rs 25-cr fraud to missing cheque, suicide note key evidence - The Tribune

Lens Score breakdown

79/100
Public interest64/100
Coverage gap100%

Significant story being underreported by mainstream media relative to its public importance.

Accountability flags

TBN's analysis identified the following accountability dimensions in this story.

  • financial irregularity

    This story involves alleged financial misconduct — unexplained transactions, procurement irregularities, or misuse of public/shareholder funds.

  • abuse of power

    This story involves alleged misuse of official authority or institutional position to achieve personal or political ends.

  • systemic failure

    This story points to a failure in institutional processes — regulation, safety, oversight, or service delivery breaking down at scale.

  • cover up attempted

    This story involves evidence of information being withheld, records altered, or facts suppressed by the parties involved.

Who's involved

Institutions and figures named across source coverage.

Government
Haryana Power Generation Corporation LimitedHPGCL Pension Fund TrustPanchkula CourtMunicipal Corporation, Chandigarh
Corporate
AU Small Finance BankSwastik Desh ProjectsIDFC First Bank
Enforcement
CBICentral Bureau of Investigation
Judiciary
Panchkula courtPanchkula Court

Story context

Category
Crime
Location
Panchkula, India
Sources analysed
2
Last analysed
3 Jun 2026
Key entities
AU Small Finance BankBalwant Singh (footballer)Haryana Power Generation CorporationCentral Bureau of InvestigationChequeIndian rupeeIDFC First BankDewanCrorePanchkulaSuicideLudhiana