Chandigarh, July 8 -- The Central Bureau of Investigation (CBI) has arrested two officials of the Haryana Labour Welfare Board (HLWB) for their alleged involvement in the misappropriation of Rs.50 crore from the board's account at the Sector 32 branch of the IDFC First Bank in Chandigarh.

A CBI spokesperson said the accused have been identified as Jugal Kishor, accounts officer, and Amit Kumar, a contractual accountant with the Haryana Labour Welfare Board. Both were produced before a competent court, which remanded them to CBI custody.

According to the CBI, the case was taken over on the reference of the Haryana government. The investigation revealed that government funds worth Rs.50 crore were fraudulently siphoned off through unautho...