ED Reveals 11 Bank Accounts Used in Rs 225 Crore HSVP Fraud

The Enforcement Directorate has revealed that 11 separate bank accounts were used to steal Rs 225.51 crore from government funds, which is a shocking development in the corruption case of Haryana Shehri Vikas Pradhikaran (HSVP).

This huge fraud was planned by two junior officials from HSVP's accounts department. The mastermind, Sunil Kumar Bansal, collaborated with Ramniwas Surjakhera to send fictitious emails to banks in order to transfer government funds illegally. The two would allocate money to particular individuals and businesses before keeping the money for their own purposes. 

The most surprising revelation is that Surjakhera allegedly used the stolen money to buy a Jannayak Janta Party (JJP) ticket in 2019. He became an MLA from the Narwana constituency after using the fictitious money for election-related expenses. However, witnesses testified under duress, and Surjakhera's attorney, Abhishek Singh Rana, asserts that there is no evidence against his client.

Bansal operated the fraud through accounts in Punjab National Bank and Union Bank of India using fake emails and forged letters. the Bank officials followed the verbal instructions for transferring the money without proper verification. He cleverly closed the main fraudulent PNB Manimajra branch account, which contained Rs 70 crore, just one day before his retirement. 

After initially concentrating on this one account, the ED investigation found that the same thieves had stolen from ten more HSVP accounts. The accused moved funds to the accounts of several people in order to cover their tracks, and these people subsequently admitted to taking out cash and giving it to the primary offenders.

Part of the stolen funds, Rs 15.64 crore, was allegedly diverted to M/s Altus Space Builders for purchasing illegal properties under fake names. Besides Bansal and Surjakhera, three other accused include Balwinder Singh (Rs 54.51 crore), Harinder Pal Singh (Rs 41.23 crore), and Ranjit Singh (Rs 24.85 crore). Twelve people remain missing. The ED has attached valuable properties including three houses in Panchkula Sector 26, 26 plots in Majri and Kharar, and 30 land parcels in Ambala ranging from small plots to 79 kanals.