CBI Conducts Multiple Searches In Haryana Bank Scam Investigation

CHANDIGARH, May 15, 2026 — The Central Bureau of Investigation carried out extensive searches across Chandigarh and Panchkula on May 14, 2026, in relation to a major scam case involving IDFC First Bank and AU Small Finance Bank.

The investigation, which was handed over to the agency by the Government of Haryana, involves allegations that bank officials conspired with public servants from various state departments to misappropriate government funds through fraudulent methods.

The operation targeted seven specific locations, including residential properties, business establishments, jewelry showrooms, and the premises of suspected beneficiaries. During the course of these searches, investigators recovered and seized a variety of incriminating documents, financial records, and digital evidence linked to the suspected misappropriation.

So far, 16 individuals have been arrested in connection with the case. The agency stated that the investigation is being expedited to pursue several new leads and ensure a comprehensive resolution to the fraud case in a timely manner.