IDFC funds diversion case: CBI raids 5 locations in Ludhiana, Chandigarh
CBI conducted searches at five locations in Ludhiana and Chandigarh in the IDFC funds diversion case.
Raids targeted residences and businesses of suspected beneficiaries, including premises of public servant Anubhav Mishra.
Incriminating items seized include digital storage drives, digital signatures, property documents, financial records, and electronic devices.
The case involves alleged misappropriation of funds from Chandigarh Smart City Limited and municipal corporation accounts.
The larger scam at IDFC First Bank's Sector 32 branch involved siphoning ₹504 crore from eight Haryana government departments via forged FDs and shell entities.
Story angle
Center-left
Mostly straight facts, with a light progressive or opposition-friendly tilt.
About how the story is framed, not whether the facts are true.
Hindustan Times
Center-left
Mixed factuality
