The searches, conducted on June 6, included the residences of senior public servants from the Haryana cadre, as well as premises associated with M/s Vipam Consultancy Pvt. Ltd. and its director.
The agency indicated that this action was taken concerning purported irregularities in the diversion of government funds and the acceptance of proceeds of crime.
As stated by the CBI, the case involves allegations of siphoning funds belonging to eight Haryana government departments and two departments from the Union Territory of Chandigarh — Municipal Corporation Chandigarh and CREST Chandigarh.
The agency noted that evidence obtained during the investigation points to certain public servants allegedly collaborating with bank officials to facilitate the opening of accounts, transfer of funds, and their subsequent diversion.
It is alleged that these officials received illicit benefits in exchange for their facilitation and negligence.
Furthermore, the CBI claims that M/s Vipam Consultancy Pvt. Ltd. received proceeds of crime into its accounts, which were then transferred to the personal account of the company’s director.
During the searches, investigators confiscated incriminating documents, digital devices, property documents, and additional materials relevant to the investigation.
The agency is examining three separate cases after taking over one case initially registered by the Haryana Vigilance and Anti-Corruption Bureau and two cases that were originally filed at the Economic Offences Police Station in Chandigarh.
These cases involve allegations of criminal conspiracy, misappropriation of government funds, and related offenses purportedly committed in collusion with bank officials and public servants.
The CBI reported that the alleged fraud impacted eight Haryana government departments and two Chandigarh administration departments, resulting in the misappropriation of ₹661 crore in government funds.
The agency has already submitted its initial chargesheet to the CBI court in Panchkula after concluding the preliminary phase of the investigation.
This chargesheet outlines the alleged involvement of public servants from Haryana Power Generation Corporation Ltd. and Haryana School Shiksha Pariyojna Parishad, as well as detailing the modus operandi reportedly used to siphon off government funds held with IDFC First Bank and AU Small Finance Bank.
The investigation across all three cases is ongoing, according to the CBI, which added that further actions are being taken against all identified participants.
Additional chargesheets are anticipated as the inquiry continues.
