The Enforcement Directorate (ED) has arrested an accused concerning the alleged embezzlement of funds of the National Highways Authority of India (NHAI) and Haryana State Industrial Infrastructure Development Corporation Limited (HSIIDC).
The arrestee has been identified as Chandra Shekhar, against whom the money laundering probe is being carried out by the ED, based on a First Information Report (FIR) registered by the Haryana Vigilance Bureau and the Central Bureau of Investigation (CBI). The ED has secured his seven-day custody from a special court.
According to the agency, Chandra Shekhar, in connivance with the then-District Revenue Officer-cum-Land Acquisition Collector and Competent Authority Land Acquisition (Panchkula) and others, played a key role in the fraudulent transfer of NHAI and HSIIDC funds meant for acquisition of lands to ineligible persons. This allegedly resulted in a loss of about ₹38 crore to the exchequer.
