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Haryana dismisses HSAMB controller in Rs 10-cr fraud linked to IDFC bank scam
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Haryana dismisses HSAMB controller in Rs 10-cr fraud linked to IDFC bank scam

The Indian Express·Express News Service·about 1 month ago
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The Haryana government has dismissed the Finance and Accounts controller, Haryana State Agricultural Marketing Board (HSAMB), for his alleged involvement in a Rs 10-crore fraud linked to the Rs 590-crore IDFC First Bank fraud scam. The dismissal order was issued on April 30 under Article 311(2)(b) of the Constitution of India. The order details a large-scale, multi-layered financial conspiracy involving manipulation of official processes, fraudulent banking operations and fictitious financial transactions designed to siphon off government funds into shell entities and accounts controlled by the accused. The finance controller, Rajesh Sangwan, was suspended after his arrest on March 14 by the State Vigilance and Anti-Corruption Bureau (SV&ACB), which registered an FIR in the case on February 23. Given the magnitude of the fraud, the Central Bureau of Investigation (CBI) also registered a case on April 8 and joined the probe.…

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