ED Arrests Former Haryana Panchayat Official in ₹645 Crore IDFC First Bank Fraud Case

June 12, 2026 : The Enforcement Directorate (ED) has arrested Naresh Kumar, the then Superintendent in the office of the Director, Development and Panchayat, Haryana, in connection with the ongoing investigation into the ₹645 crore IDFC First Bank fraud case.

The arrest was made under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. According to the ED, the investigation has uncovered the alleged embezzlement of public funds worth ₹645 crore from bank accounts maintained with IDFC First Bank by the Haryana Government, the Chandigarh Administration, and two private schools.

Following his arrest, Kumar was produced before a special PMLA court, which remanded him to ED custody for four days until Sunday. The agency said further investigation into the case is underway.