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CBI Secures Prosecution Sanction in Rs 83 Crore CREST Fund Diversion Case

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CBI Secures Prosecution Sanction in Rs 83 Crore CREST Fund Diversion Case

Analysed 16 Sept 2026·2 sources analysed·Chandigarh, India·Crime
CBI Secures Prosecution Sanction in Rs 83 Crore CREST Fund Diversion CasePreviousNext

The Central Bureau of Investigation (CBI) has obtained prosecution sanction against key individuals, including project director Sukhwinder Singh Abrol and accountant Sahil Kukkar, in a Rs 83 crore fraud involving the Chandigarh Renewable Energy Science Technology Promotion Society (CREST). The scam involved fraudulent banking operations and diversion of public funds through forged documents and fictitious transactions. The CBI also charged former CREST CEO Navneet Kumar Srivastava and his wife for allegedly using diverted funds to purchase property in Goa, highlighting a broader conspiracy involving bank officials and public servants.

Sentiment
28%
TBN's observations

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 (28/100). Lens Score 67/100.

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

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 16 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Negative (28/100)

Sentiment was consistent across outlets (18–38/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

thetribune broke this story on 16 Sept, 01:47 pm. Other outlets followed.

16 Sept, 01:47 pm2 sources · 3 h16 Sept, 05:00 pm
AI analysis by the TBN Bias Engine · beat methodology byDushyant Deshmukh· Investigative Writer· editorial standards byOjas Kale
← Previous
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Next →
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1
thetribune16 Sept, 01:47 pm
Rs 83-crore CREST scam: CBI obtains prosecution sanction against project director, accountant - The Tribune
  • 2
    indianexpress16 Sept, 05:00 pm
    Rs 80 lakh of diverted CREST funds used to buy Goa property: CBI
  • 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.

    • 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
    Chandigarh Renewable Energy and Science and Technology Promotion SocietyCentral Bureau of InvestigationChandigarh Police
    Corporate
    IDFC First BankVipam Consultancy Private LimitedCAPCO Fintech Services
    Enforcement
    Central Bureau of InvestigationChandigarh Police
    Judiciary
    CBI Court

    Story context

    Category
    Crime
    Location
    Chandigarh, India
    Sources analysed
    2
    Last analysed
    16 Sept 2026
    Key entities
    CREST (securities depository)Central Bureau of InvestigationIndian rupeeChandigarhChargesheetRenewable energyCroreCriminal conspiracyCivil serviceAccountantSukhwinder SinghIDFC First Bank