The Central Bureau of Investigation (CBI) has claimed that arrested Haryana-cadre IAS officer Ram Kumar (RK) Singh admitted to signing multiple cheques linked to the alleged multi-crore government funds misappropriation scam being investigated in Haryana. Singh, a former Commissioner of the Municipal Corporation, Panchkula, was arrested after investigators found evidence connecting him to the diversion of public funds through fraudulent banking transactions.
According to the CBI, the Municipal Corporation Panchkula maintained an account with the Sector 32 branch of IDFC First Bank. Investigators allege that the account was opened and operated in violation of prescribed government financial guidelines. The agency claims that RK Singh handed over several signed cheques to bank officials and intermediaries under the pretext of creating fixed deposits. However, no fixed deposits were actually created, and the funds were allegedly diverted to shell companies and other entities.
The alleged fraud is part of a much larger scam involving the siphoning of government funds from multiple Haryana departments through forged or non-existent fixed deposits. The total amount under investigation is estimated at more than ₹650 crore, making it one of the biggest financial scandals in the state in recent years.
CBI officials have conducted searches at Singh’s residences in Chandigarh and Karnal and reportedly recovered documents relevant to the investigation. The agency has alleged that the transactions were carried out with the knowledge and active participation of certain officials, though the probe is still ongoing.
The case has triggered major administrative action in Haryana, including the suspension of senior officers and a wider investigation into the alleged nexus between public officials, bank employees, and private entities involved in the scam.
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