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CBI Registers FIR in ₹550 Cr Haryana Bank Scam Involving Shell Firms, 2 IAS Officers Suspended

Target:UPSC GS-IIMPSCSSC GATeachingBankingPrelims HighMains MediumStatic GK Link
09 Apr 2026
~2 min
Source: The Hindu
Key Data:Over ₹550 crore2 IAS officers suspended
Bodies:Central Bureau of Investigation (CBI)Haryana State Vigilance and Anti-Corruption Bureau
Practice MCQs from today's news ▸
What This Article Covers

1.The Central Bureau of Investigation (CBI) registered an FIR regarding the alleged siphoning of over ₹550 crore from Haryana government funds using shell entities.

2.The Haryana government has suspended two IAS officers over suspected links to the case, which was first examined by the state and referred to its Vigilance Bureau in February.

3.This case tests knowledge on the roles of CBI, State Vigilance Bureaus, and the procedural aspects of investigating financial fraud involving public servants.

The Big Picture
Prelims · HighMains · Medium

The CBI has initiated a major probe into the alleged siphoning of over ₹550 crore from Haryana government funds using shell companies. This case, initially with the State Vigilance Bureau, highlights critical vulnerabilities in public financial management and the accountability of senior bureaucrats, making it a high-value question on governance and anti-corruption mechanisms.

Exam Lens

Quick Exam Facts From News

Alleged AmountOver ₹550 crore
Investigating AgencyCentral Bureau of Investigation (CBI)
State Agency InvolvedHaryana State Vigilance and Anti-Corruption Bureau
Officers Suspended2 IAS officers

1-Minute Revision

  • ›Alleged Amount: Over ₹550 crore
  • ›Investigating Agency: Central Bureau of Investigation (CBI)
  • ›Target this Data: Over ₹550 crore
  • ›Target this Nodal Body: Central Bureau of Investigation (CBI) and Haryana State Vigilance and Anti-Corruption Bureau
  • ›Target this Legal Point: FIR under Section 154 of CrPC and relevant sections of IPC/Prevention of Corruption Act

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Under which ministry does the Central Bureau of Investigation (CBI) operate?

Q2Statement-basedHard

Consider the following statements regarding the news:

1. The alleged scam involves siphoning of funds worth over ₹550 crore from the Haryana government.

2. The case was directly registered by the CBI without any prior state-level examination.

3. Two Indian Administrative Service (IAS) officers have been suspended by the Haryana government in connection with the case.

Which of the statements given above is/are correct?

Q3Data-centricMedium

What is the approximate amount of government funds allegedly siphoned off in the Haryana bank scam case, as per the CBI FIR?

Q4Application/ImpactMedium

What is the primary significance of the State government referring the Haryana bank scam case to the CBI?

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