Chandigarh, June 19; CBI arrestted IAS officer RK Singh in the Rs 657-crore bank scam. The scam involved officials of IDFC First Bank and AU Small Finance Bank, who allegedly colluded with government officials, including IAS officers, to siphon off funds from the bank accounts of eight Haryana Government departments and two Chandigarh Administration departments.
While the CBI has put the quantum of loss at Rs 657 crore, the ED, which is also investigating the scam, claims a loss of Rs 645 crore.
Ram Kumar Singh is a 2012-batch IAS officer & was promoted to the IAS from the Haryana Civil Services.
According to the CBI, in the Panchkula MC case, Rs 79.46 crore was siphoned off from the IDFC First Bank account in Sector 32, Chandigarh.
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