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Chandigarh Court Custodies Former CREST Officials in Multi-Crore Fund Diversion Cases

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Chandigarh Court Custodies Former CREST Officials in Multi-Crore Fund Diversion Cases

Analysed 20 Jun 2026·2 sources analysed·Chandigarh, India·Crime
Chandigarh Court Custodies Former CREST Officials in Multi-Crore Fund Diversion CasesPreviousNext

A Chandigarh court sent former CREST CEO Navneet Srivastava to judicial custody until July 3 over alleged diversion of nearly ₹75 crore from the society's funds through unauthorized transactions involving shell companies. Separately, the bail plea of former CREST Project Director Sukhwinder Singh Abrol was dismissed in a related case involving over ₹83 crore fraud linked to IDFC First Bank accounts. Both cases are under investigation by the CBI following initial inquiries by Chandigarh Police.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 10%, Centre 82%, Right 8%). Overall sentiment is negative (25/100). Lens Score 87/100 — critical public interest.

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

  • thetribune— balanced framing, negative sentiment
  • hindustantimes— balanced framing, negative sentiment
Political Bias
10%82%8%
Sentiment
25%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 20 Jun 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 10%● Center 82%● Right 8%

The articles present a legal and investigative perspective focusing on alleged financial irregularities involving CREST officials. They include official statements from the CBI and court proceedings without political commentary or partisan framing. The coverage centers on judicial actions and investigation details, reflecting a neutral stance emphasizing law enforcement and accountability.

Sentiment — Negative (25/100)

The tone across the articles is factual and serious, reflecting the gravity of the alleged financial misconduct and ongoing investigations. There is no overtly positive or negative sentiment toward the accused; instead, the coverage maintains a neutral, reportorial approach focused on legal developments and procedural updates.

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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SourceTheir headlineBiasSentiment
thetribuneIDFC First Bank fraud: Chandigarh court dismisses bail plea of CREST ex-project director - The TribuneCenterNegative
hindustantimesFunds diversion case: Former CREST CEO sent to judicial custodyCenterNegative

Coverage timeline

hindustantimes broke this story on 20 Jun, 01:57 am. Other outlets followed.

  1. 1
    hindustantimes20 Jun, 01:57 am
    Funds diversion case: Former CREST CEO sent to judicial custody
  2. 2
    thetribune20 Jun, 12:29 pm
    IDFC First Bank fraud: Chandigarh court dismisses bail plea of CREST ex-project director - The Tribune

Lens Score breakdown

87/100
Public interest95/100
Coverage gap100%

Critical story with high public interest and significant coverage gap — major outlets are underreporting this.

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
Chandigarh Renewable Energy and Science Technology Promotion SocietyChandigarh Renewable Energy and Science and Technology Promotion SocietyCentral Bureau of InvestigationChandigarh Police
Corporate
IDFC First BankAU Small Finance BankHDFC Bank
Enforcement
Central Bureau of InvestigationChandigarh Police
Judiciary
Special CBI Court ChandigarhChandigarh Court

Story context

Category
Crime
Location
Chandigarh, India
Sources analysed
2
Last analysed
20 Jun 2026
Key entities
Central Bureau of InvestigationChandigarhRenewable energyIDFC First BankCroreIndian rupeeSukhwinder SinghShell corporationPrivately held companyIndian Forest ServiceChief executive officerChandigarh Police