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CBI Chargesheets 13 in Rs 75-83 Crore CREST Fund Siphoning Case

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CBI Chargesheets 13 in Rs 75-83 Crore CREST Fund Siphoning Case

Analysed 16 Jun 2026·2 sources analysed·Chandigarh, India·Crime
CBI Chargesheets 13 in Rs 75-83 Crore CREST Fund Siphoning CasePreviousNext

The CBI has filed a chargesheet against 13 accused, including IDFC First Bank officials, CREST employees, and private individuals, for allegedly siphoning Rs 75-83 crore from the Chandigarh Renewable Energy Science and Technology Promotion Society (CREST) funds. The case involves criminal conspiracy, breach of trust, forgery, and corruption, with stolen funds reportedly diverted into jewellery, bullion, cash, and real estate. This is part of a broader investigation into multiple scams involving government funds in Chandigarh and Haryana.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans centre-left overall (Left 50%, Centre 45%, Right 5%). Overall sentiment is negative (25/100). Lens Score 71/100 — high public interest.

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

  • news18— left-leaning framing, negative sentiment
  • thetribune— balanced framing, negative sentiment
Political Bias
50%45%5%
Sentiment
25%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 16 Jun 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 50%● Center 45%● Right 5%

The articles present a factual account of the CBI's legal actions without political commentary. They focus on the investigation and charges against bank officials and CREST employees, reflecting a law enforcement perspective. There is no evident political framing or partisan viewpoints, with coverage centered on the procedural developments in the case.

Sentiment — Negative (25/100)

The tone across the articles is neutral and investigative, emphasizing the details of the alleged fraud and the ongoing legal process. There is no overtly positive or negative sentiment toward any party; instead, the coverage maintains a factual and procedural focus on the charges and the scope of the scam.

How 2 sources covered this story

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

Reviewed byDushyant Deshmukh· Investigative Writer· Edited byOjas Kale
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Man Arrested for Alleged Sexual Assault of Two Minor Girls in Raichur District
SourceTheir headlineBiasSentiment
news18CBI files chargesheet in siphoning of Rs 75.34 cr from CRESTLeftNegative
thetribuneCBI chargesheets 13 accused in Rs 83-crore IDFC First Bank scam related to Chandigarhs CREST fund - The TribuneCenterNegative

Coverage timeline

thetribune broke this story on 16 Jun, 09:58 am. Other outlets followed.

  1. 1
    thetribune16 Jun, 09:58 am
    CBI chargesheets 13 accused in Rs 83-crore IDFC First Bank scam related to Chandigarhs CREST fund - The Tribune
  2. 2
    news1816 Jun, 12:16 pm
    CBI files chargesheet in siphoning of Rs 75.34 cr from CREST

Lens Score breakdown

71/100
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.

  • 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 Science and Technical Promotion SocietyChandigarh AdministrationChandigarh Municipal CorporationChandigarh UT Administration
Corporate
IDFC First Bank
Enforcement
Chandigarh PoliceCBICentral Bureau of Investigation
Judiciary
Chandigarh special courtChandigarh Court

Story context

Category
Crime
Location
Chandigarh, India
Sources analysed
2
Last analysed
16 Jun 2026
Key entities
ChargesheetCentral Bureau of InvestigationIndian rupeeChandigarhIDFC First BankRenewable energyCroreFirst information reportSmart cityHaryanaCREST (securities depository)New Delhi