Haryana CM orders probe, warns of ‘stern action’ in IDFC ‘fraud’ case – News Air Insight

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The Haryana Government has ordered a comprehensive investigation into the alleged misappropriation of about Rs 590 crore in deposits held with IDFC First Bank, with Chief Minister Nayab Singh Saini warning that strict action will be taken against all those found guilty, including the bank, if its role is established. A First Information Report has been registered in the case.

Sharing the details in Chandigarh, Saini said the state government has directed the Anti-Corruption Bureau and the Vigilance Department to conduct a “comprehensive investigation” into the alleged irregularities. A high-level committee will also be constituted to examine the matter.

“A thorough probe is underway to determine accountability and establish whether any government employees, bank officials, or other individuals were involved. Be it any bank official, government employee, or anyone else, stern action will be taken. If the bank is found responsible, strict action will be taken against the bank as well. Banks must maintain their credibility, but accountability will extend to all parties found guilty once the investigation concludes,” Saini said on the floor of the Haryana assembly.

The chief minister also asserted that the state government will ensure that every penny of public money is returned to its accounts. He said the government has instructed IDFC First Bank to transfer the entire amount, along with applicable interest, to another empanelled bank.



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