The New Indian Express ·
CREST-IDFC First Bank fraud: CBI charges top government officer and his wife
NEW DELHI: The Central Bureau of Investigation (CBI) has filed a chargesheet against an IFoS officer who served as CEO of the Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST) and his wife for alleged misappropriation of Rs 75.4 crore of government funds from IDFC First Bank accounts, the agency said on Friday.
The federal probing agency has also named Vipam Consultancy Pvt. Ltd. as an accused. The wife of the accused, Indian Forest Service (IFoS) officer Naveen Srivastava, served as director of the company, as per the agency. The funds were allegedly misappropriated from CREST accounts with IDFC First Bank.
The total quantum of the fraud in the case is Rs 75.4 crore.