Uttar Haryana Bijli Vitran Nigam Dismisses CFO Amit Dewan Over Corruption Charges
HPGCL corruption: UHBVN dismisses former finance director Amit Dewan
Hindustan Times
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Amit Dewan, the former chief financial officer of Haryana Power Generation Corporation Ltd (HPGCL), has been dismissed by Uttar Haryana Bijli Vitran Nigam (UHBVN) for allegedly misusing his position in a corruption case. His dismissal follows an arrest by the Haryana Anti-Corruption Bureau for fraudulent banking operations involving significant financial misconduct.
- 01Amit Dewan was dismissed for allegedly compromising HPGCL's interests.
- 02His arrest by the Haryana Anti-Corruption Bureau occurred on March 18.
- 03The case involves fraudulent banking operations and misappropriation of funds.
- 04UHBVN's dismissal order bypassed the need for a departmental inquiry due to ongoing investigations.
- 05Evidence suggests Dewan received illegal payments totaling ₹50 lakh.
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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.
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The dismissal of Amit Dewan reflects the government's commitment to tackling corruption within state-owned utilities, potentially restoring public trust in these institutions.
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