Chandigarh: In a major development in the alleged Rs 83-crore cheating case linked to the Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST), Chandigarh Police have arrested the organisation’s project director, Sukhwinder Abrol.The case pertains to an FIR registered on March 12, 2026, under various sections of the Bharatiya Nyaya Sanhita (BNS), following a complaint filed by the chief executive officer of CREST. The complaint alleged cheating amounting to approximately Rs 83.04 crore by certain bank officials.According to police, the accused include Abhay Kumar, Seema Dhiman and Ribhav Rishi, officials of IDFC First Bank, who are suspected of involvement in the alleged financial fraud.During the investigation, it was revealed that funds from CREST bank accounts were allegedly diverted to shell companies. These funds were subsequently transferred to bank accounts linked to Sukhwinder Abrol, his relatives and close associates, police said.Following his arrest, Abrol was produced before a duty magistrate, who remanded him to five days of police custody.Police officials said further investigation is underway to trace the money trail and ascertain the involvement of other CREST employees and individuals connected to the case.MSID:: 129883913 413 |
