By The Central Bureau of Investigation (CBI) has intensified its probe into the high-profile Haryana bank fraud case by seeking the foreign travel records of senior IAS officer Mohammad Shayin from 2011 onwards. The move marks another step in the agency’s ongoing investigation into the alleged diversion of government funds through fraudulent banking transactions.
As part of the latest phase of the investigation, CBI teams carried out searches at five locations across Chandigarh and Ludhiana on Thursday. During the raids, investigators reportedly seized several documents and digital devices that are expected to assist in tracing the financial transactions linked to the case.
According to the CBI, the investigation centres on the alleged misappropriation of surplus funds belonging to multiple Haryana government departments. The agency suspects that public money was diverted by falsely showing investments in fixed deposits and routing funds through bank accounts allegedly opened specifically for carrying out fraudulent transactions.
The case was transferred to the CBI following a request from the Haryana government after it was initially investigated by the State Vigilance and Anti-Corruption Bureau. Investigators allege that the fraud was carried out through the Sector 32 branch of IDFC First Bank in Chandigarh.
The agency claims that nearly ₹504 crore belonging to eight Haryana government departments was allegedly diverted using fake or non-existent fixed deposits and debit notes before being routed to shell companies.
The CBI has already filed charge sheets against 17 accused in connection with the case. Those named include six officials from IDFC First Bank and AU Small Finance Bank, three public servants from the Haryana government, two companies, and six private individuals.
The investigation remains ongoing, with the agency examining financial records, digital evidence, and other documents to determine the roles of those allegedly involved in the suspected financial irregularities.
