CBI takes custody of six accused in IDFC bank scam

Chandigarh: The special CBI court for Haryana in Panchkula on Friday formally handed over the custody of six accused in the IDFC First Bank scam of Rs 593 crore to the Central Bureau of Investigation. Among the accused whose custody was handed over to CBI are Abhay Kumar, his wife Swati Singla, Swati's brother Abhishek Singla, main accused Rishabh Rishi, Naresh Kumar and Manish Bansal. The court has allowed CBI custody for them till Monday, official information shared by defence counsels confirmed.Notably, the incident dates back to Feb, when, acting on the communication of the chief secretary office, Haryana State Vigilance and Anti-Corruption Bureau registered the case into alleged manipulation and financial inappropriation of funds worth Rs 593 crore in IDFC First Bank. The said amount was of 18 different govt departments and corporations. Though money was restored back to govt, ACB initiated arrests and these six persons were the first to be arrested. Their arrest led to detection of further embezzlement of funds by them in the projects of Chandigarh as well. Till the first week, the ACB arrested a total of 15 accused in the case before the govt finally recommended the CBI probe into the entire case.Accordingly, the CBI registered the fresh complaint and initiated the probe. At the same time, Directorate of Enforcement also initiated the probe. The ED also quizzed Abhay Kumar and Rishav in Ambala jail. ED also conducted the parallel probe to unearth the multilayer scam.According to information, last week, after CBI took over the case, the case files of this case were transferred from the court of Additional District and Sessions Judge to the court of Special CBI Judge Rajiv Goyal, who resumed the proceedings. There, the CBI moved application for seeking custody of the accused. MSID:: 130336399 413 |