A wide network of bank officials, government functionaries, real estate developers, jewellers and private individuals has emerged in the multiple frauds, with several arrests made. Here’s a look at the key accused and their alleged roles, based on agency records and court filings:
IDFC First Bank officials
Ribhav Rishi, ex-manager at Sector-32 branch, allegedly used shell entities to siphon funds. Funds also routed to accounts held by him and his wife Divya Arora.
Priyanka Bhatoa and Anuj Kaushal, dealing heads, allegedly verified forged signatures, facilitated irregular transactions.
Abhay Kumar, relationship manager, allegedly prepared fake FDRs and bank statements using blank forms.
Seema Dhiman, ex-authoriser, is accused of approving suspicious transactions.
Arun Sharma, ex-regional head at AU Small Finance Bank, allegedly aided the conspiracy and received about Rs 10 crore, including Rs 2 crore in his account.
Private individuals and associates
Vikram Wadhwa, realtor and hotelier, allegedly routed funds to several firms.
Swati Singla and Abhishek Singla, partners in Swastik Desh, allegedly diverted large funds.
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Rajan Katodia of Sawan Jewellers allegedly recorded fictitious gold sales.
Manish Jindal, a Mohali resident, is accused of diverting funds and receiving cash and luxury items.
Haryana government officials
Rajesh Sangwan and Randhir Singh, Controllers (Finance & Accounts) with HSAMB and HSSPP, are accused of violating finance department instructions.
Naresh Kumar Bhuwani, Superintendent in the Development and Panchayat Department, is also under the scanner.
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Chandigarh Smart City/ CREST/ MC
Nalini Malik, former CFO of CSCL, allegedly created 11 fake FDRs worth Rs 116.84 crore.
Sukhvinder Singh Abrol, former CREST project director, allegedly diverted funds to shell firms and linked accounts.
Sahil Kukkar, Head of Accounts, CREST, allegedly executed transactions and received Rs 10 lakh per transaction.
Kotak Mahindra Bank
Vikas Kaushik, Senior Accounts Officer, Panchkula MC, and Pushpendra Singh, deputy vice-president of the bank, allegedly opened fake accounts using forged signatures and diverted funds.
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Dileep Kumar Raghav, ex-relationship manager, allegedly sent fake FD reports.
Rajat Dahra allegedly received over Rs 70 crore and routed funds further.
Kapil, a resident of Rajpura, allegedly received Rs 2.36 crore.
