📷 Image: Wikimedia Commons / Rajasabh7788
Crime
₹224 crore Panchayat funds placed in private banks without Haryana nod
✍️ Hindustan Times
🗓 17 Sep 2026, 03:47 AM
👁 8
A probe has revealed that approximately ₹224 crore of panchayat money was deposited in private banks without the approval of the Haryana state government.
A recent investigation by the Hindustan Times has uncovered that around ₹224 crore belonging to various panchayats in Haryana was transferred to private sector banks without any formal clearance from the state government. The funds, earmarked for local development projects, appear to have been parked in accounts of banks that are not part of the approved list for handling such public money.
State officials have been alerted to the irregularity, noting that the absence of a government nod violates existing financial protocols governing the management of Panchayati Raj Institution (PRI) resources. The move raises concerns about potential misuse, lack of transparency, and the adequacy of oversight mechanisms within the state's fiscal administration.
The Haryana Finance Department has announced that a detailed audit will be launched to trace the flow of the deposited amounts and to identify any breaches of law. Senior officials have urged private banks to cooperate fully with the inquiry, while opposition leaders have called for a swift investigation to hold accountable any officials or entities involved in the alleged scam.
State officials have been alerted to the irregularity, noting that the absence of a government nod violates existing financial protocols governing the management of Panchayati Raj Institution (PRI) resources. The move raises concerns about potential misuse, lack of transparency, and the adequacy of oversight mechanisms within the state's fiscal administration.
The Haryana Finance Department has announced that a detailed audit will be launched to trace the flow of the deposited amounts and to identify any breaches of law. Senior officials have urged private banks to cooperate fully with the inquiry, while opposition leaders have called for a swift investigation to hold accountable any officials or entities involved in the alleged scam.