CBI arrests AAI senior manager for alleged Rs 232 crore financial fraud

In this connection, search operations were conducted by the CBI on Thursday at the official and residential premises of the accused located in Jaipur, which led to the recovery of incriminating materials, including documents on immovable properties and valuable securities.

CBI arrests AAI senior manager for alleged Rs 232 crore financial fraud

File Photo: ANI

The Central Bureau of Investigation (CBI) has arrested a senior manager with the Airports Authority of India over alleged embezzlement of funds to the tune of Rs. 232 crore.

In this connection, search operations were conducted by the CBI on Thursday at the official and residential premises of the accused located in Jaipur, which led to the recovery of incriminating materials, including documents on immovable properties and valuable securities.

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According to the agency sources, the CBI had registered the case based on a complaint received from the Airports Authority of India (AAI) against the said accused on the allegations that during his posting at the Dehradun, he allegedly engaged in a systematic fraud and embezzlement of funds by manipulation of official and electronic records.

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Further, public funds to the tune of approximately Rs. 232 crore had been misappropriated by him into personal accounts, it was further alleged.

As per the findings in the federal agency’s probe, it has emerged that during the period 2019–20 to 2022–23, the accused, while posted at Dehradun Airport, allegedly manipulated electronic records by creating duplicate and fictitious assets and inflating the values of certain assets, including by adding zeros to entries so as to evade routine detection.

By the aforesaid manipulation, an amount of approximately Rs. 232 crore was allegedly diverted into the accused person’s bank account.

As per the agency’s probe, the preliminary analysis of bank transactions further indicates that the funds so credited were thereafter transferred to trading accounts by the accused, thereby siphoning public money.

Searches were conducted by CBI on 28.08.2025 at the official and residential premises of the accused in Jaipur, which led to the recovery of Incriminating materials, including documents on immovable properties and valuable securities.

The investigation into the matter is further continuing to find out more linkages and information regarding the matter.

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