Arrested in Bank Scam, Haryana IAS Officer Produced in CBI Court; Agency Seeks 3-Day Remand

June 19, 2026

Haryana IAS officer Ramkumar Singh, who was arrested in the Panchkula Municipal Corporation’s ₹79.46 crore fund scam, is quite influential. This came to light in January this year when information about assets given to the government was disclosed. RK Singh declared his total assets as ₹3.2 crore, while his wife is listed as the owner of a petrol pump, a beer factory, and a restaurant.

According to sources connected to the CBI, several clues were found during questioning and raids that paved the way for Singh’s arrest. RK Singh couldn’t give satisfactory answers to three questions posed by the CBI. These included ₹2.5 crore sent to his son’s account in Dubai, 15 acres of agricultural land bought in Karnal, and alleged benami properties. This raised CBI’s suspicion.

On Friday, the CBI presented the arrested IAS officer Ram Kumar Singh and former Panchayat Department superintendent Prince Sharma in the Special CBI Court in Panchkula. The CBI has applied for three-day remands for both, a hearing on which is currently ongoing.

Details of assets shown by IAS RK Singh…

Property details submitted by IAS RK Singh to the government…

I started working as a Taxation Inspector in the Haryana Excise and Taxation Department on May 23, 1995. I stayed in this department until May 30, 1999. In 1999, I was selected as an HCS (Executive) Officer and started working in the Haryana government on June 1, 1999. I was inducted into the IAS cadre on May 8, 2019, and I belong to the 2012 batch.

I have submitted details of all my movable and immovable assets (APR) following the proper procedure to the Chief Secretary of the Haryana government, and all of them have been accepted. The last offline annual property return was submitted on April 16, 2019. As an IAS officer, I have submitted online APRs according to the proforma available on the website.

My wife has had her own business for several years. She runs several businesses along with other family members, including a petrol pump, a microbrewery, a restaurant, rental projects, farmland, and buying and selling properties. She is an independent taxpayer filing GST and income tax on her own. She has her own assets and liabilities. Both of my sons are also taxpayers filing income tax. Our ancestral property is part of an HUF (Hindu Undivided Family), which is being divided according to socio-cultural rules and the Haryana government’s ownership scheme.

CBI presented this argument in court for the remand…

RK Singh approved the transfer of government funds: CBI told the court that during the investigation it came to light that at that time, Ram Kumar Singh, who was the commissioner of Panchkula Municipal Corporation and Kalka Municipal Council, along with co-accused, allegedly conspired to open a new bank account in IDFC First Bank in Sector-32 and transfer over 100 crore rupees of government funds into it. The investigating agency claims that this action was against the guidelines of the Finance Department.
Digital evidence hints at illegal gains: According to the CBI, the digital evidence obtained during the investigation indicates that Ram Kumar Singh received illegal benefits in return for allegedly playing a role in the conspiracy. The agency also stated that some checks were used later for fund misuse, while three checks bearing his signature have still not been recovered.

Prince Sharma is also accused of being involved in the conspiracy: The investigating agency alleges that Prince Sharma, along with bank officials and other accused, got his mobile number entered into documents related to government accounts. The CBI says that although he was not posted in the relevant departments, he still participated in verification calls related to the accounts and allegedly played a role in furthering the conspiracy.

Police remand needed for questioning: The CBI says the investigation into large-scale misuse of government funds is ongoing. The role of several other officials and individuals is also being examined. According to the agency, important messages and communication records linked to the accused’s mobile phones are missing. Additionally, senior officials like Ram Kumar Singh could influence witnesses and other relevant persons. Therefore, police remand is necessary to question them.

3 Reasons Why IAS RK Singh is in Trouble…

1. ₹2.5 Crore Reached Son’s Dubai Account: During the investigation, the CBI found that RK Singh had transferred about ₹2.5 crore to his son’s bank account in Dubai. The agency asked for documents related to the source of this money and the transactions, but a clear explanation was not provided during questioning. The investigative agency is now trying to find out whether this money was from legitimate income or if it was a part of funds from a scam sent abroad.

2. Questions on 15 Acres of Land Bought in Karnal: During the CBI investigation, the matter of purchasing around 15 acres of agricultural land in Karnal also came up. The CBI asked for documents related to the land purchase and the source of payment, but the officer could not present the full records. That’s why the agency is now separately investigating the source of the money used for buying the land.

3. Documents of benami properties found in homes: Before the arrest, the CBI raided RK Singh’s places in Chandigarh and Karnal. During the search, the agency found several documents that are said to be related to benami properties. According to sources, these documents include records related to land, houses, and other investments. The agency is now investigating the real owners and sources of these investments.

This is how the Panchkula Municipal Corporation scam unfolded…

The case came to light in February 2026 after a complaint: According to information provided by the CBI, this case is part of a bank fraud that came out earlier this February. Back then, several government department accounts were opened in private banks like IDFC First Bank, AU Small Finance, and Kotak Mahindra. After that, the money was transferred to the accounts of shell companies. The Panchayat department had informed the finance department about this.

Wrong information was given in the account documents: The Panchkula Municipal Corporation’s account was in the Sector-32 branch of IDFC First Bank. Deliberately misleading information was entered in the account documents to conceal the fraudulent transactions that would happen later. The withdrawn money was then transferred to shell companies operated by bank officials.

Signed checks were handed over to bank officials, but no FD was ever made: The CBI investigation claims that the then-commissioner RK Singh handed over several signed checks to bank officials through middlemen in the name of making fixed deposits. Through these checks, crores of rupees were withdrawn from the municipal corporation’s account, but no fixed deposits were actually made. The agency claims that this whole scheme was carried out with the knowledge and active participation of the then-commissioner and senior accountant of the municipal corporation, Surendra Jain. Surendra has already been arrested in this case.