Haryana recovers Rs. 556 crore from IDFC First Bank in just 24 Hours
Says governance in the state has undergone a complete transformation; zero tolerance for corruption now firmly in place
Punjab Newsline, Chandigarh –
In a strong assertion of fiscal accountability and administrative transparency, Haryana CM Nayab Singh Saini on Tuesday informed the Assembly that the state government has recovered the Rs. 556 crore linked to the IDFC First Bank case, including nearly Rs. 22 crore in interest, within 24 hours.
Speaking during the ongoing budget session of the State Vidhan Sabha, the Chief Minister said the full amount pertaining to various Haryana government departments, boards and corporations has been credited back by IDFC First Bank into the respective departmental accounts. He further shared that the swift recovery was made possible through coordinated efforts between the state government and senior bank officials.
Calling it a matter of public trust, Sh. Nayab Singh Saini underscored that the funds represent the hard-earned money of 2.8 crore citizens of Haryana and would be utilised strictly for their welfare. Every single rupee belonging to the people will be safeguarded and spent only for their benefit, he asserted.
The Chief Minister said a high-level committee, headed by the Finance Secretary, has been constituted to examine the matter in detail and fix accountability of the employees and officers concerned. The Committee will determine responsibility and recommend further action, if required.
Emphasising a decisive shift in administrative culture, the Chief Minister said that governance in Haryana has changed fundamentally. The era of suppressing corruption files is over, he said, adding that the present dispensation functions on the principle of complete transparency and financial discipline.
Referring to the broader governance framework, he said that under the leadership of PM Narendra Modi, the double-engine government, is committed to maintaining strict oversight of public expenditure. He reiterated that the government is working with a zero-tolerance policy against corruption and is determined to ensure that no public funds are misused.
The Chief Minister informed the House that the bank has indicated that the irregularities were primarily linked to its Chandigarh branch and involved alleged collusion at the middle and lower levels. The Chief Minister made it clear that the state government, in coordination with the bank, will ensure that stringent action is taken against all those found responsible.
No one involved in this case, whether a government official or a bank employee, will be spared, said the Chief Minister, reiterating that accountability would be fixed without exception. He said that this prompt recovery of funds reflects the government’s resolve to uphold financial integrity and reinforce public confidence in the system.