📷 Image: Wikimedia Commons / শরদিন্দু ভট্টাচার্য্য
Crime
ED raids 14 sites in Chandigarh, Mohali in Haryana Bank fraud probe
✍️ The Times of India
🗓 30 Sep 2026, 01:16 AM
👁 18
The Enforcement Directorate conducted searches at 14 locations across Chandigarh and Mohali as part of its investigation into the Haryana Bank fraud.
The Enforcement Directorate (ED) carried out coordinated raids at fourteen premises in the twin cities of Chandigarh and Mohali on Tuesday, intensifying its probe into the alleged fraud at Haryana Bank. Officials arrived in teams, executing search warrants at commercial offices, residential flats and a few corporate premises suspected of housing incriminating documents and financial records.
Sources close to the investigation said the locations were identified based on intelligence inputs linking them to key individuals allegedly involved in the misappropriation of funds from the state‑run bank. The ED is looking for evidence such as bank statements, electronic devices and any material that could reveal the flow of illicit money.
The raids come after earlier allegations that senior officials of Haryana Bank facilitated large‑scale loan fraud, prompting a multi‑agency inquiry. While no arrests were reported during the searches, the ED has indicated that further action may follow based on the findings.
Authorities have not disclosed the exact nature of the documents seized, citing the sensitivity of the ongoing investigation. The agency has urged the public to cooperate with any legal processes related to the case.
Sources close to the investigation said the locations were identified based on intelligence inputs linking them to key individuals allegedly involved in the misappropriation of funds from the state‑run bank. The ED is looking for evidence such as bank statements, electronic devices and any material that could reveal the flow of illicit money.
The raids come after earlier allegations that senior officials of Haryana Bank facilitated large‑scale loan fraud, prompting a multi‑agency inquiry. While no arrests were reported during the searches, the ED has indicated that further action may follow based on the findings.
Authorities have not disclosed the exact nature of the documents seized, citing the sensitivity of the ongoing investigation. The agency has urged the public to cooperate with any legal processes related to the case.