Haryana Govt Dismisses Official in ₹590 Crore Bank Fraud Case
The Haryana government has dismissed Naresh Bhuwani, a superintendent in the Development and Panchayats Department, over his alleged involvement in a ₹590 crore fraud linked to IDFC First Bank. The action was taken under Article 311(2)(b) of the Constitution following a detailed probe that found substantial evidence of his role in a criminal conspiracy, according to an official statement. Authorities said the move reflects the state’s zero-tolerance policy towards corruption.
Chief Minister Nayab Singh Saini had directed strict action against corruption at all levels, the spokesperson noted. An inquiry committee formed in February 2026 uncovered serious discrepancies in accounts maintained with IDFC First Bank and AU Small Finance Bank. Based on its findings, the matter was referred to the State Vigilance and Anti-Corruption Bureau for further investigation.
An FIR was registered on February 23, 2026, at the bureau’s Panchkula police station under provisions of the Prevention of Corruption Act and the Bharatiya Nyaya Sanhita. Investigators revealed a complex, multi-layered fraud involving diversion of government funds to shell companies through fraudulent banking transactions. Bhuwani is accused of collaborating with private individuals to create a fake firm used to siphon funds, which were later routed into personal accounts and used to acquire private properties.
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