Haryana: Big action in fraud of Rs 590 crore in private banks, IAS and HCS officers punished
Uma Shankar April 11, 2026 02:24 AM
Haryana: Big action in fraud of Rs 590 crore in private banks, IAS and HCS officers punished

The government has now taken strict action regarding the case of embezzlement of more than Rs 590 crore government money in different private banks in Haryana. Firstly, the money embezzled from these private banks has been recovered. Now the Haryana government is taking action against such senior officials of its own government who were either negligent in this matter or whose involvement in this matter is coming to light in any way.

The Central Bureau of Investigation has taken over the investigation of the alleged IDFC Bank scam of Rs 590 crore in Haryana. CBI has registered an FIR and started investigation into the scam related to Haryana Government funds. In this case, Haryana government has suspended two senior IAS officers. Orders have been issued by Chief Secretary Anurag Rastogi. However, the reason for suspension is not mentioned in the letter. It is being told that this decision is related to the IDFC Bank scams that came to light recently.

The officers are of 2011 and 2012 cadre.

The suspended officers include Pradeep Kumar of 2011 cadre and Ram Kumar Singh of 2012 cadre. Pradeep Kumar was currently serving as Director and Special Secretary, State Transport Department, while Ram Kumar Singh was serving as Special Secretary, Revenue and Disaster Management Department and Additional CEO, Panchkula Metropolitan Development Authority (PMDA).
Pradeep Kumar is going to retire after about two and a half months on June 30, 2026, while Ram Kumar Singh's retirement is to happen after one and a half years on November 30, 2027. The transfer list of 15 IAS officers released late on Wednesday night is also being linked to this. It is being told that CBI investigation into the IDFC Bank fraud case has started. Even before this, Haryana government has suspended three senior officers and sidelined them.

Under which law was the action taken?

According to separate orders issued by the Chief Secretary's office, both the officers have been suspended under the All India Services (Discipline and Appeal) Act, 1969. According to the government order, during the suspension period, the headquarters of both the officers will be Services-I branch of the Chief Secretary (CS) office, Chandigarh. They will be given subsistence allowance as per the rules. The first name that has come up in this scam is that of Pradeep Kumar. Pradeep Kumar is a 2011 batch IAS officer. He has held many different positions. Before being suspended, he was posted as Director of State Transport and Special Secretary of Transport Department. Pradeep Kumar was to retire on June 30. But due to suspension, their gratuity and other benefits may also be affected.

Was working in Haryana government for a long time

The second name in this scam is that of Ram Kumar (RK) Singh. Before being suspended, RK Singh was holding the post of Special Secretary of Revenue and Disaster Management and Additional CEO of Panchkula Metropolitan Development Authority. He also held the post of Panchkula Municipal Corporation Commissioner from 27 July 2025 to 28 January 2026. His retirement is to take place on 30 November 2027.
Both the IAS officers were working in Haryana administration for a long time. Now his suspension and CBI investigation is expected to clarify the whole matter further. This case is related to the alleged embezzlement of government funds from the accounts of IDFC First Bank and AU Small Finance Bank based in Panchkula, Haryana.

All transactions within scope of investigation

In this scam that is under investigation, there are allegations of embezzlement of government money through fake documents, unauthorized transactions and criminal conspiracy. In this case, two IAS officers - RK Singh and Pradeep Kumar - have been suspended, while the role of many other officers is also under investigation. Apart from this, an HCS officer has also been suspended. According to the FIR, this alleged scam went on for about five months between 26 September 2025 and 23 February 2026.

At the same time, Haryana CM Nayab Saini is still seen in a defensive posture regarding this entire matter. The CM definitely said that the government has a zero tolerance policy regarding corruption and when this issue was raised in the Assembly, he had also said that the Haryana government will recover the embezzled money from private banks and the government did so within 24 hours. CM Nayab Saini definitely said that the IAS and HCS officers who have been suspended are connected to this matter but he did not openly say anything against the officers. However, he made it clear that the Haryana government will take strict action against those who are involved in this type of corruption.

Trying to save the credibility of the government

Haryana Government has been talking about strict action since the money of different departments of Haryana Government was embezzled in different private banks. But questions were being raised on the intentions of the government when the employees of private banks who were involved in this embezzlement were arrested. Money was also recovered from the banks but the Haryana government did not take any action against its own senior officials. For this reason, the suspension of these senior officers and the CBI investigation into the matter are being seen as an attempt to save the government's credibility.

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