📷 Image: Wikimedia Commons / Kritzolina
Crime
Haryana vigilance arrests two in Panchkula municipal FDR fraud case linked to Kotak Mahindra Bank
✍️ Goodreturns
🗓 29 Sep 2026, 05:18 AM
👁 7
The Haryana vigilance department has detained two individuals in connection with alleged discrepancies in Fixed Deposit Receipts of the Panchkula municipal corporation held at Kotak Mahindra Bank.
The vigilance wing of the Haryana government announced the arrest of two suspects on Tuesday, alleging their involvement in irregularities surrounding Fixed Deposit Receipts (FDRs) of the Panchkula Municipal Corporation held with Kotak Mahindra Bank.
According to the department, preliminary investigations revealed mismatches in the documentation and accounting of the municipal FDRs, prompting a deeper probe that led to the identification of the two individuals.
Police officials said the arrests were made after gathering sufficient evidence linking the suspects to the alleged financial discrepancies. The vigilance team has not disclosed the names of the arrested persons or the exact quantum of the alleged loss.
The case underscores growing scrutiny of municipal financial practices in Haryana, with authorities emphasizing that any misuse of public funds will be pursued vigorously. Further details are expected as the investigation progresses.
According to the department, preliminary investigations revealed mismatches in the documentation and accounting of the municipal FDRs, prompting a deeper probe that led to the identification of the two individuals.
Police officials said the arrests were made after gathering sufficient evidence linking the suspects to the alleged financial discrepancies. The vigilance team has not disclosed the names of the arrested persons or the exact quantum of the alleged loss.
The case underscores growing scrutiny of municipal financial practices in Haryana, with authorities emphasizing that any misuse of public funds will be pursued vigorously. Further details are expected as the investigation progresses.