High Court Demands Responses on Alleged ₹146-Crore Housing Scam in Chandigarh
Chandigarh: HC seeks UT, Punjab, CBI reponse on plea alleging ₹146-crore scam
Hindustan Times
Image: Hindustan Times
The Punjab and Haryana High Court has ordered responses from the Chandigarh administration, Punjab government, and Central Bureau of Investigation regarding a petition alleging a ₹146-crore fraud involving a housing society for Punjab Police personnel in New Chandigarh. The petition claims embezzlement and illegal land transfers linked to senior police officers and a private builder.
- 01High Court seeks responses from multiple agencies regarding a housing scam.
- 02The alleged fraud involves over ₹146 crore linked to a housing society for Punjab Police personnel.
- 03The society was formed in 2009, and members invested their savings for residential plots.
- 04Claims include illegal land transfers and manipulation of records by officials.
- 05Next hearing is scheduled for August 20.
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The Punjab and Haryana High Court has called for responses from the Chandigarh administration, Punjab government, and the Central Bureau of Investigation (CBI) regarding a petition alleging a ₹146-crore fraud involving the Punjab Police Primary Consumers Cooperative Society Limited. The society was established in 2009 to provide housing for lower-rank police personnel, many of whom invested their savings and took loans for promised residential plots. The petition alleges that senior serving and retired Indian Police Service (IPS) officers conspired with a private builder to illegally transfer nearly 60 acres of land in New Chandigarh and embezzle funds collected from society members. It claims that over ₹111 crore was deposited for the first housing project, while another ₹35 crore was collected for a second project that never materialized. Allegations include manipulation of land records and suppression of inquiries by certain officers. The next hearing is set for August 20.
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This case could significantly affect the trust of police personnel in housing schemes and impact future investments in similar projects.
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