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Punjab and Haryana High Court Grants Bail to Former Haryana Power Finance Director in Bank Fraud Cases

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Punjab and Haryana High Court Grants Bail to Former Haryana Power Finance Director in Bank Fraud Cases

Analysed 13 Jun 2026·2 sources analysed·Chandigarh, India·Crime
Punjab and Haryana High Court Grants Bail to Former Haryana Power Finance Director in Bank Fraud CasesPreviousNext

Amit Dewan, former finance director of Haryana Power Generation Corporation Limited, has been granted bail by the Punjab and Haryana High Court in two cases related to a bank fraud involving approximately Rs 600-645 crore. Dewan was arrested in March and dismissed from service in May. The cases, involving alleged misappropriation of public funds in collusion with officials from IDFC First Bank and AU Small Finance Bank, are under investigation by the CBI. The court noted no direct evidence linking Dewan to proceeds of crime and found no need for further custody.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 25%, Centre 70%, Right 5%). Overall sentiment is negative (30/100). Lens Score 88/100 — critical public interest.

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

  • hindustantimes— balanced framing, negative sentiment
  • thetribune— balanced framing, negative sentiment
Political Bias
25%70%5%
Sentiment
30%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 13 Jun 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 25%● Center 70%● Right 5%

The articles present a legal and procedural perspective focusing on the court's decision and investigation status without political commentary. They include official statements and judicial observations, reflecting a neutral stance. The coverage centers on the accused's legal situation and institutional responses, with no evident partisan framing or political viewpoints.

Sentiment — Negative (30/100)

The tone across the articles is neutral and factual, emphasizing judicial reasoning and procedural developments. While the allegations are serious, the reporting avoids emotive language, focusing on the bail grant and investigation progress. The sentiment is balanced, neither sympathetic nor critical, maintaining an objective narrative.

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
hindustantimes600-crore IDFC First Bank fraud case: Ex-finance director of Haryana power firm gets bail in 2 FIRsCenterNegative
thetribuneHC grants bail to Rs 645-crore bank scam accused - The TribuneCenterNegative

Coverage timeline

thetribune broke this story on 13 Jun, 08:16 pm. Other outlets followed.

  1. 1
    thetribune13 Jun, 08:16 pm
    HC grants bail to Rs 645-crore bank scam accused - The Tribune
  2. 2
    hindustantimes13 Jun, 10:46 pm
    600-crore IDFC First Bank fraud case: Ex-finance director of Haryana power firm gets bail in 2 FIRs

Lens Score breakdown

88/100
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 AdministrationHaryana Power Generation Corporation LimitedPunjab and Haryana High CourtChandigarh Renewable Energy and Science and Technology Promotion Society
Corporate
IDFC First BankAU Small Finance Bank
Enforcement
Central Bureau of InvestigationHaryana State Vigilance and Anti-Corruption Bureau
Judiciary
Justice Sandeep MoudgilPunjab and Haryana High Court

Story context

Category
Crime
Location
Chandigarh, India
Sources analysed
2
Last analysed
13 Jun 2026
Key entities
IDFC First BankFirst information reportHaryana Power Generation CorporationBailIndian rupeeAU Small Finance BankFraudChandigarhHaryanaCriminal conspiracyUttar Haryana Bijli Vitran NigamMisappropriation