The Haryana Government has suspended two IAS officers following investigations into the Rs 590-crore IDFC First and AU Small Finance Bank scam, and the Rs 150-crore Kotak Mahindra Bank scam.Chief Secretary Anurag Rastogi issued the suspension orders of 2011-batch IAS officer Pardeep Kumar and 2012-batch IAS officer Ram Kumar Singh on April 8.Kumar was the Director, State Transport, and Special Secretary, Transport Department, before the suspension, while Singh was posted as Special Secretary, Revenue and Disaster Management, and Additional CEO, Panchkula Metropolitan Development Authority, before his suspension.In the IDFC First and AU Small Finance Bank scam, 12 bank accounts across the eight Haryana departments were affected: 10 at IDFC First Bank and two at AU Small Finance Bank. The CBI registered an FIR in the case on April 8. Earlier, the State Vigilance and Anti-Corruption Bureau (SV&ACB) investigated the case, following an FIR on February 23.As per a letter, dated March 25, sent by the Haryana Government to the Ministry of Personnel, recommending a CBI probe, the scam pertains to fraudulent banking operations and fictitious transactions allegedly undertaken in a systematic manner to siphon off government funds into the accounts of shell entities, including Swastik Desh Project, SRR Planning Gurus Pvt Ltd, Cap Co Fintech Services, RS Traders, and other associated firms/individuals, resulting in a substantial loss to the public exchequer, estimated to exceed Rs 550 crore.As per the SV&ACB’s FIR, multiple cheques, along with debit notes, were processed for payment transfers. In the case of the Development and Panchayats Department, these cheques, prima facie, bear the forged signature of the then Director General, DK Behera, despite the fact that he had relinquished the charge on October 28, 2025. It came to light that the debit notes attached to the cheques do not have any memo number or dispatch number, and they again appear to contain forged signatures.On February 24, CM Nayab Singh Saini had announced that Rs 556 crore, including Rs 22 crore in interest, had been recovered from IDFC First Bank and deposited into the Haryana Government’s accounts. On March 30, AU Small Finance also returned Rs 25 crore to Haryana Power Generation Corporation Limited.As per the Haryana Government, the departments that suffered in the IDFC First Bank case included Haryana State Pollution Control Board (Rs 222.03 crore), Municipal Corporation, Panchkula (Rs 81.03 crore), Haryana Labour Welfare Board (Rs 54.29 crore), Haryana Power Generation Corporation Limited (Rs 54.20 crore), Haryana School Shiksha Pariyojna Parishad (Rs 54.05 crore), Haryana Rural Development Fund Administration Board (Rs 49.84 crore), Municipal Council, Kalka (Rs 30.64 crore), and Haryana State Agricultural Marketing Board (Rs 10.07 crore). A total of Rs 556.15 crore was involved.IAS officer Pardeep Kumar served as Member Secretary of the Haryana State Pollution Control Board from August 31, 2022, to December 10, 2025. A total of Rs 223.03 crore of the board was involved.In the Kotak Mahindra Bank scam, as per the FIR, the Panchkula MC was maintaining 16 FDs, amounting to Rs 145.03 crore, with a maturity value of Rs 158.02 crore, in the bank’s Sector 11 branch in Panchkula. Of the 16 FDs, 11, amounting to Rs 59.58 crore, matured on February 16. When the MC contacted the bank, officials provided statements that neither matched one another nor the MC’s records, particularly regarding the FDs. Six persons have been arrested in the case.IAS Ram Kumar Singh served as Commissioner, MC, Panchkula, from October 26, 2020, to May 18, 2022, and then again from July 10, 2025, to January 1, 2026. In the case of the Panchkula MC, Rs 81.03 crore was involved in the IDFC First Bank scam, and also Rs 150 crore in the Kotak Mahindra Bank scam.Both tenures of Kumar and Singh are under the scanner for the opening of accounts and banking transactions.Kumar and Singh couldn’t be contacted for comments. Meanwhile, several IAS officers were stripped of key departments in a reshuffle on Wednesday, as they had also headed the affected departments during this period. They were allegedly involved in opening accounts. However, only Singh and Kumar were suspended.