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IDFC Bank fraud: Haryana power utility’s chief financial officer Amit Dewan dismissed for ‘blatant corruption, gross misconduct’
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IDFC Bank fraud: Haryana power utility’s chief financial officer Amit Dewan dismissed for ‘blatant corruption, gross misconduct’

The Indian Express·Express News Service·29 days ago
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In a major administrative crackdown following a high-profile corruption probe, the government Monday dismissed the chief financial officer of Haryana Power Generation Corporation Limited (HPGCL) from service in connection with the Rs 590-crore scam involving the alleged diversion of funds through IDFC First Bank and AU Small Finance Bank. The Haryana Government removed Amit Dewan, citing grave misconduct, corruption, and abuse of official authority in one of the state’s most significant recent financial scams. The action comes weeks after his arrest in connection with a Rs 590-crore scam involving the alleged diversion of government funds through IDFC First Bank and AU Small Finance Bank. In its dismissal order, the government emphasised that Dewan’s conduct amounted to “blatant corruption and gross misconduct, severely damaging the credibility of the state government and its power utilities”. Authorities also highlighted practical difficulties in conducting a fair departmental inquiry.…

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