IDFC First scam: CBI arrests senior IAS officer for embezzling ₹60 crore

CBI arrests senior IAS officer Pankaj Aggarwal in ongoing alleged IDFC First Bank fund misappropriation case

CBI arrested IAS officer Pankaj Aggarwal for siphoning Rs. 60.54 Cr from Haryana government accounts at IDFC First Bank. Signals major compliance and governance failures; critical for government contractors: implement robust audit controls and transaction oversight mechanisms.