Haryana Government Dismisses HSAMB Controller Over Alleged Rs 10-Crore Fraud Linked to IDFC Bank Scam
Haryana dismisses HSAMB controller in Rs 10-cr fraud linked to IDFC bank scam
The Indian Express
Image: The Indian Express
The Haryana government has dismissed Rajesh Sangwan, the Finance and Accounts controller of the Haryana State Agricultural Marketing Board (HSAMB), for his alleged role in a Rs 10-crore fraud associated with a larger Rs 590-crore scam involving IDFC First Bank. The dismissal was executed under Article 311(2)(b) of the Constitution of India due to serious procedural lapses and ongoing investigations.
- 01Rajesh Sangwan was dismissed for alleged involvement in a Rs 10-crore fraud linked to IDFC First Bank.
- 02The dismissal was executed under Article 311(2)(b) of the Indian Constitution.
- 03Sangwan was accused of failing to conduct due diligence in opening bank accounts.
- 04The Central Bureau of Investigation (CBI) has joined the investigation into the fraud.
- 05This dismissal is part of a broader crackdown on corruption within Haryana's government departments.
Advertisement
In-Article Ad
The Haryana government has dismissed Rajesh Sangwan, the Finance and Accounts controller of the Haryana State Agricultural Marketing Board (HSAMB), for his alleged involvement in a Rs 10-crore fraud linked to a larger Rs 590-crore scam involving IDFC First Bank. The dismissal order, issued on April 30, cites serious procedural lapses and the organized nature of the conspiracy as reasons for bypassing a regular departmental inquiry under Article 311(2)(b) of the Constitution of India. Sangwan was suspended after his arrest on March 14 by the State Vigilance and Anti-Corruption Bureau (SV&ACB), which filed an FIR on February 23. Investigations revealed that Sangwan failed to conduct due diligence when opening an HSAMB account with IDFC First Bank, which was initiated in July 2025. A fraudulent transaction of Rs 10 crore occurred on January 14, 2026, involving unauthorized transfers to shell companies. The CBI has also registered a case and joined the investigation. This dismissal follows similar actions against other officials involved in the scam, highlighting a broader effort to tackle corruption within Haryana's government departments.
Advertisement
In-Article Ad
This dismissal reflects the Haryana government's commitment to tackling corruption, which may lead to increased scrutiny of financial operations within government departments.
Advertisement
In-Article Ad
Reader Poll
Do you believe the government is doing enough to combat corruption in public offices?
Connecting to poll...
More about Haryana State Agricultural Marketing Board
Read the original article
Visit the source for the complete story.


