₹79-cr funds diversion case | Former Panchkula MC chief Ram Kumar Singh sent to 3-day CBI custody

The embezzlement is a part of a larger scam at the Sector 32 IDFC branch, in which funds to the tune of ₹504 crore belonging to Haryana government departments were siphoned off through forged, non-existent fixed deposits, debit notes and routed to shell entities. Sharma was arrested at the CBI office in Chandigarh on the night of June 18.

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