₹504-Crore Haryana Fund Scam: Six IAS Officers Among 19 Named in CBI Chargesheet

The Central Bureau of Investigation (CBI) on Wednesday filed a chargesheet against 19 accused, including six Haryana-cadre IAS officers, in connection with the alleged misappropriation of ₹504 crore belonging to Haryana government departments and organisations.

The chargesheet, filed before a special CBI court in Panchkula, is the third chargesheet in the case. With the latest action, the total number of people chargesheeted in the investigation has risen to 37.

The IAS officers named are Mohd. Shayin, Saket Kumar, Pardeep Kumar, Vineet Garg, Ram Kumar Singh and Pankaj Agarwal. The CBI has also named officials of IDFC First Bank and AU Small Finance Bank, along with several Haryana government officials.

According to the CBI, the alleged fraud involved a planned conspiracy in which government funds from various departments were transferred from empanelled banks to specific branches of the two banks. The agency alleged that financial prudence and fraud-prevention guidelines prescribed by the Haryana government were violated during the process.

The funds were subsequently allegedly diverted to third parties not connected with the concerned government departments. Investigators said the money was layered through multiple bank accounts and converted into cash, allegedly resulting in wrongful enrichment.

The affected bodies include the Department of Panchayat, Municipal Corporations of Panchkula and Kalka, Haryana School Shiksha Pariyojna Parishad, Haryana Labour Welfare Board, Haryana State Agricultural Marketing Board, Haryana State Pollution Control Board and Haryana Power Generation Corporation Limited.

The CBI has invoked charges including criminal conspiracy, cheating, forgery, destruction of evidence, falsification of accounts and criminal breach of trust, besides provisions relating to bribery and criminal misconduct under the Prevention of Corruption Act.

As part of its investigation, the CBI examined the alleged financial trail, scrutinised banking and government records and conducted 54 searches. The agency said it seized incriminating material, including gold worth around ₹20 crore, and arrested 26 accused so far.

The CBI has also taken over two related cases involving Chandigarh Smart City Limited and the Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST). Chargesheets have already been filed in both matters, while the investigations into all three cases remain ongoing against other suspects.

The allegations in the chargesheet are subject to judicial scrutiny and further investigation.