
The Central Bureau of Investigation (CBI) filed its first chargesheet on Thursday in the major corruption case involving alleged misappropriation of ₹1,000 crore from Haryana government funds. According to the CBI press release dated May 21, the chargesheet was filed before the Special Judge (CBI) court in Panchkula, Haryana. The case relates to the alleged diversion of government funds from bank accounts of multiple departments through alleged collusion between bank officials and public servants. As per CNBC TV18, the case surfaced between February and March 2026 after around ₹1,000 crore allegedly went missing from bank accounts belonging to various Haryana government departments.
The chargesheet names 15 accused persons comprising 6 bank officials from IDFC First Bank and AU Small Finance Bank, 3 public servants from Haryana Power Generation Corporation Ltd., Development and Panchayat Dept. and Haryana School Shiksha Pariyojana Parishad, 2 shell entities along with their 3 partners/directors, and 1 private person. According to the CBI, all 15 accused have been arrested and are currently in judicial custody. As reported by the CBI, all accused persons are presently under judicial custody and have been charged for offences including Criminal Conspiracy, Criminal Breach of Trust, Cheating, Forgery, Destruction of Evidence, and offences under the Prevention of Corruption Act, 1988. The agency stated that investigation in respect of all 15 chargesheeted accused persons has been completed concerning the offences for which the chargesheet has been filed.
The case first came to light in February 2026 after the Haryana government de-empanelled IDFC First Bank and AU Small Finance Bank for government business and directed departments to close accounts and transfer balances elsewhere. During the process, discrepancies were detected between the balances shown in bank records and the amounts reflected in government department accounts at IDFC First Bank's Chandigarh branch. Subsequent checks across multiple Haryana government-linked accounts revealed similar mismatches, triggering a wider investigation into alleged unauthorised transactions and diversion of funds. The case pertains to the alleged misappropriation of Government funds to the tune of ₹1,000 crores, siphoned off from bank accounts of various Government Departments of Haryana by bank officials in criminal connivance with public servants posted at the concerned departments. According to CNBC TV18, the accounts were maintained with branches of IDFC FIRST Bank, AU Small Finance Bank and Kotak Mahindra Bank in and around the Chandigarh region.
IDFC First Bank disclosed the suspected ₹590 crore fraud on February 22 and suspended four employees linked to the case. The case was initially registered by the Haryana State Vigilance and Anti-Corruption Bureau before being transferred to the CBI for further investigation. Earlier this month, the Haryana government allowed the CBI to probe the role of five IAS officers in the case under provisions of the Prevention of Corruption Act. The probe has widened with the CBI conducting searches across Chandigarh and Panchkula and seizing digital and financial records linked to the alleged fraud.
The CBI stated that investigation against the 15 accused named in the chargesheet has been completed for the offences mentioned, while probes involving other accused persons and alleged misappropriation in other departments are still underway. According to the agency, investigation against other accused persons and about the misappropriation in other departments is going on and additional chargesheets will be filed shortly. The Enforcement Directorate had also arrested two former IDFC First Bank employees in connection with a money laundering probe linked to the case. Officials indicated that further arrests and supplementary chargesheets could follow as investigators continue to examine the alleged financial irregularities and money trail connected to other departments.