Says Entire Amount, Including ₹22 Crore Interest, Returned Within 24 Hours; Probe Committee Formed
Chandigarh: Haryana Chief Minister Nayab Singh Saini on Tuesday informed the House that the entire amount allegedly siphoned off in the IDFC First Bank fraud case has been fully recovered and credited back to the government’s accounts within 24 hours.
Addressing the Haryana Vidhan Sabha, Saini said the funds linked to the alleged fraud at the bank’s Chandigarh branch have been completely restored.
He stated that the entire ₹556 crore — including ₹22 crore in interest — has been brought back to government accounts within a day. Earlier estimates had suggested that the alleged fraud amounted to around ₹590 crore.
The Chief Minister also revealed that preliminary findings indicate the involvement of four to five employees of the bank’s Chandigarh branch.
Making it clear that accountability will be strictly enforced, Saini said no one involved in the case would be spared — whether a bank employee, a private individual, or even a government official. He assured the House that stringent action would be taken against all those found guilty.
Highlighting the government’s commitment to safeguarding public funds, Saini said that under the leadership of Prime Minister Narendra Modi, strict vigilance is being maintained to ensure that the hard-earned money of 2.80 crore people remains secure.
Emphasizing governance reforms in Haryana, the Chief Minister said the state’s administrative system has undergone significant changes and that every single rupee of public money is being carefully accounted for.
He further announced the formation of a high-level committee under the chairmanship of the Finance Secretary to conduct a comprehensive probe into the matter. The committee will not only investigate the circumstances surrounding the incident but will also suggest measures to prevent such cases from recurring in the future.
Reiterating a zero-tolerance policy towards financial irregularities, the state government assured citizens that public funds remain fully protected.
