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ED Conducts Raids in Rs 645 Crore IDFC First Bank Fraud Case Involving Haryana Officials

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ED Conducts Raids in Rs 645 Crore IDFC First Bank Fraud Case Involving Haryana Officials

Analysed 30 Sept 2026·5 sources analysed·Chandigarh, India·Crime
ED Conducts Raids in Rs 645 Crore IDFC First Bank Fraud Case Involving Haryana OfficialsPreviousNext

The Enforcement Directorate conducted raids at 14 locations across Chandigarh, Mohali, and Panchkula investigating a Rs 645 crore alleged fraud involving Haryana government funds held in IDFC First Bank and AU Small Finance Bank accounts. The probe targets jewellers and accused IAS officers suspected of laundering money through layered transactions to conceal proceeds of crime. Four arrests have been made, assets worth Rs 211 crore seized, and a charge sheet filed against 14 accused, including six Haryana-cadre IAS officers, by the CBI and ED under the Prevention of Money Laundering Act.

Political Bias
0%54%46%
Sentiment
31%
TBN's observations

First-hand measurement across 5 sources

We measured how 5 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 54%, Right 46%). Overall sentiment is negative (31/100). Lens Score 72/100.

Outlets measured: thetribune, hindustantimes, thetribune, indiatvnews, thetribune. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 5 sources · Published under editorial oversight by The Balanced News
Analysed 30 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 5 sources
● Left 0%● Center 54%● Right 46%

All 1 outlets scored close to centre on political lean. The real divergence here is in emphasis, not lean — compare the headlines below to see how each outlet chose to frame the same facts.

Sentiment — Negative (31/100)

Sentiment was consistent across outlets (28–45/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

thetribune broke this story on 29 Sept, 11:34 am. Other outlets followed.

29 Sept, 11:34 am5 sources · 16 h30 Sept, 03:30 am
AI analysis by the TBN Bias Engine · beat methodology byDushyant Deshmukh· Investigative Writer· editorial standards byOjas Kale
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  1. 1
    thetribune29 Sept, 11:34 am
    Rs 645-crore IDFC First Bank case: ED raids 14 places in Chandigarh, Mohali and Panchkula - The Tribune
  2. 2
    indiatvnews29 Sept, 04:37 pm
    Four arrested, 6 IAS officers found involved in ED raids across Haryana in Rs 645 crore IDFC First Bank fraud - India TV News
  3. 3
    thetribune29 Sept, 08:07 pm
    ED searches 14 sites across Tricity in IDFC-AU scam - The Tribune
  4. 4
    hindustantimes30 Sept, 02:45 am
    ED raids across tricity in 645-cr IDFC bank fraud case
  5. 5
    thetribune30 Sept, 03:30 am
    ED raids several prominent jewellers of Chandigarh in IDFC First Bank scam case - The Tribune

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.

Who's involved

Institutions and figures named across source coverage.

Government
Haryana GovernmentHaryana State Vigilance and Anti-Corruption BureauChandigarh Municipal CorporationHaryana Development and Panchayats Department
Corporate
AU Small Finance BankM.B. Gold TradersSundar JewellersIDFC First BankMalik JewellersSham JewellersKLG Jewels
Enforcement
Enforcement DirectorateHaryana PoliceCentral Bureau of Investigation
Judiciary
Special Prevention of Money Laundering Act Court in Panchkula

Story context

Category
Crime
Location
Chandigarh, India
Sources analysed
5
Last analysed
30 Sept 2026
Key entities
IDFC First BankEnforcement DirectorateCroreIndian rupeeIndian Administrative ServiceFirst information reportPanchkulaChandigarhHaryanaAU Small Finance BankMoney launderingChargesheet