CBI Files 3rd Chargesheet in Rs 504 Crore Haryana Bank Fraud Case; 19 Accused Named

September 5, 2026

Chandigarh: The Central Bureau of Investigation (CBI) has filed its third chargesheet in the alleged Rs 504-crore Haryana government funds embezzlement case involving IDFC First Bank and AU Small Finance Bank. The latest chargesheet names 19 accused, including six IAS officers of the Haryana cadre, bank officials and employees of various state government departments.

The chargesheet was filed before the Special CBI Court in Panchkula on Wednesday. With this filing, the total number of accused against whom chargesheets have been submitted in the case has risen to 37. The CBI said 26 accused have been arrested so far.

Six IAS officers among 19 accused

According to the CBI, the latest chargesheet names six IAS officers, three officials of IDFC First Bank, one official of AU Small Finance Bank and nine officials and employees of different Haryana government departments.

The agency has invoked provisions related to criminal conspiracy, cheating, forgery, use of forged documents as genuine, destruction of evidence, manipulation of accounts, criminal breach of trust and abetment.

The chargesheet also includes provisions under the Prevention of Corruption Act relating to bribery and criminal misconduct.

CBI alleges planned diversion of government funds

The CBI alleged that certain Haryana government officials, in connivance with bank officials, carried out a planned scheme to divert government funds.

According to the agency, funds belonging to eight Haryana government departments and entities were transferred from various listed banks to specific branches where the accused bank officials were posted. The transactions were allegedly carried out in violation of financial discipline and fraud-prevention guidelines issued by the Haryana Finance Department.

The agency further alleged that government funds were siphoned off through fraudulent means into accounts belonging to third parties with no connection to the concerned departments. The money was then allegedly routed through multiple accounts and converted into cash, resulting in illicit financial gains for the accused.

Funds of eight departments allegedly affected

The departments and institutions whose funds were allegedly affected include the Panchayat Department, Panchkula and Kalka Municipal Corporations, Haryana School Shiksha Pariyojana Parishad, Haryana Labour Welfare Board, Haryana State Agricultural Marketing Board, Haryana State Pollution Control Board and Haryana Power Generation Corporation Limited.

The CBI had earlier filed chargesheets against 18 other accused, including bank officials, government officials and employees, private individuals and private companies.

During the investigation, the agency conducted searches at 54 locations and seized incriminating material, including gold worth approximately Rs 20 crore.

The case was initially investigated by the Haryana State Vigilance and Anti-Corruption Bureau before being transferred to the CBI at the Haryana government’s request.

The CBI has also taken over two related Chandigarh cases concerning Chandigarh Smart City Limited and Chandigarh Municipal Corporation, and the Chandigarh Renewable Energy and Science & Technology Promotion Society. Chargesheets have already been filed in both cases.

The agency said its investigation into the roles of other suspects and accused persons is continuing. The probe is focused on tracing the complete money trail, proceeds of crime and assets allegedly linked to the embezzlement.