Amit Dewan, the former chief financial officer of Haryana Power Generation Corporation Ltd (HPGCL), has been dismissed from his position by the Uttar Haryana Bijli Vitran Nigam (UHBVN) due to allegations of corruption and misuse of his official role. The dismissal, effective from May 1, was ordered by UHBVN managing director Saket Kumar following Dewan's arrest by the Haryana Anti-Corruption Bureau (ACB) on March 18. The ACB's investigation revealed that Dewan was involved in fraudulent banking activities, including the diversion of HPGCL funds into fake entities through accounts at IDFC First Bank and AU Small Finance Bank. The dismissal order noted that Dewan's actions were prejudicial to the interests of the power utilities and could hinder ongoing investigations, which have now been handed over to the Central Bureau of Investigation (CBI). Additionally, procedural violations were highlighted, including the improper opening of bank accounts without following necessary financial protocols. Evidence indicates that Dewan received substantial illegal payments, including ₹50 lakh on January 6, 2026, as part of a broader conspiracy to siphon off government funds.