Chandigarh, April 3 -- In a significant breakthrough in the Rs.116-crore Chandigarh Municipal Corporation forged fixed deposit receipts scam, the Chandigarh Police on Thursday arrested Nalini Malik, former chief finance officer of Chandigarh Smart City Ltd, making her the first government official to be held in the case since it surfaced on March 8.

The arrest marks a key turn in the probe into the alleged fraud, suspected to have been carried out in connivance with government functionaries and officials of IDFC First Bank, Sector 32, where the Chandigarh Smart City Ltd (CSCL) accounts were maintained before it was wound up in March 2025.

Malik was produced before a local court, which remanded her to four days in police custody.

The ca...