A major financial scandal involving the alleged embezzlement of Rs 645 crore from government accounts held with IDFC First Bank is under multi-agency probe. The CBI has raided IAS officers, while the ED has made arrests under PMLA, highlighting systemic vulnerabilities in public fund management and the role of investigative agencies like CBI and ED.
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- ›Alleged Embezzlement Amount: Rs 645 crore
- ›Key Investigative Agency: Central Bureau of Investigation (CBI)
- ›Target this Data: Rs 645 crore (alleged embezzlement amount)
- ›Target this Nodal Body: Haryana Power Generation Corporation Limited (HPGCL) & State Vigilance and Anti-Corruption Bureau (ACB), Panchkula
- ›Target this Legal Point: Section 17A of the Prevention of Corruption Act, 1988 (prior approval for investigation)
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