CBI intensifies probe into Chandigarh MC–Smart City Rs 116 crore fake FDR scam; seeks records, signatures and bank letters, warns action for non-compliance.
 ‘Submit records in Rs 116cr FDR scam’, CBI’s notice to MC chief

Former Officials Under Scanner in FDR Scam

The Central Bureau of Investigation (CBI) has intensified its probe into a Rs 116-crore fake fixed deposit receipt (FDR) scam linked to the Chandigarh municipal corporation and Chandigarh Smart City Limited.

The agency has issued a notice to the municipal commissioner, seeking all relevant records, including service records, appointment orders, posting details, specimen signatures, and handwriting of three former officials:

  • Anubhav Mishra, dismissed accountant
  • Nalini Malik, former Smart City finance officer
  • Gurinder Singh Sodhi, ex-joint commissioner

The CBI has also sought details of officials who worked with them, as investigators examine the role of all officers possibly linked to the fraud.

Documents Sought by the CBI

  • Copies of letters issued to banks on March 20, 2025, for account closures
  • Correspondence sent to IDFC First Bank on February 24, 2026
  • Records of related bank accounts and FDRs

The case was registered by the CBI’s economic offences branch on May 11, 2026, under provisions of the Bharatiya Nyaya Sanhita (BNSS), along with sections of the Prevention of Corruption Act and BNSS.

Background of the Case

The probe pertains to the alleged embezzlement of government funds through fake FDRs linked to IDFC First Bank.

The case originated from a complaint by MC officials, with the Economic Offences Wing (EOW) uncovering forged FDRs worth approximately ₹116 crore during its investigation.

Following approval by the MC House, the UT administration recommended a CBI inquiry to the Centre, paving the way for the current probe.