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IDFC First Bank Scam: 5 IAS officers to be probed, Haryana govt grants nod


IDFC First Bank Scam: 5 IAS officers to be probed, Haryana govt grants nod

The Haryana government has finally granted permission to the Central Bureau of Investigation (CBI) to investigate 5 IAS officers in the Rs 590 crore IDFC First Bank scam. Permission to investigate was granted to the CBI under Section 17A of the Prevention of Corruption Act, which permits questioning of such officers.It is reported that none of the police officers are allowed to inquire or investigate into the crime committed by the public servant unless they have got permission from competent authority. It is reported that after acquiring the permission from the government, the Central Bureau of Investigation (CBI) will summon these officers for questioning.Scrutiny over administrative clearances.The CBI had asked to proceed against the IAS officers following evidence produced by the accused and investigation conducted so far. The investigative agency will also scrutinize the administrative approvals that ensured that money of government departments were deposited with the private banks.CBI had raided multiple locations across Chandigarh and Panchkula last Thursday for the bank scam and confiscated important documents relating to financial records of banking transactions and other digital evidence. Some IDFC First Bank officials and some AU Small Finance Bank officials, in collusion with the Haryana government employees, are reported to have siphoned off the money of government by various illegal ways. Government money is being misappropriated.16 arrested so farSo far 16 persons have been arrested in the high profile scam. The authorities are in the process of questioning the bankers, government employees and others. It is believed that more major revelations will come in the following days.Probe committee formed in FebA Haryana government spokesperson recently said, "An inquiry committee formed by the Director of the Development and Panchayats Department in February 2026 discovered abnormalities in the accounts that were being operated at the IDFC First Bank and the AU Small Finance Bank. Acting upon the findings of the committee and evidences presented, the case was transferred to the State Vigilance and Anti-Corruption Bureau (SV&ACB) to lodge a criminal investigation against those who were responsible."Following which an FIR was registered at the SV&ACB police station in Panchkula on 23rd Feb under the Indian Penal Code and the Prevention of Corruption Act and later was handed over to the CBI owing to the seriousness of the scam.

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