Panchkula, Sept. 11 -- The state vigilance and anti-corruption bureau (ACB) on Thursday arrested a Mohali resident in the multi-crore Panchkula municipal corporation (MC) funds embezzlement case, alleging that he conspired with bank officials and facilitated the unauthorised transfer of around Rs.5 crore from a civic body account to a joint account held by his wife. The accused, Samar Mohan Ranga, was arrested from the district court premises and sent to two-day police custody. According to the ACB, Ranga allegedly conspired with officials/employees of Kotak Mahindra Bank, Sector 11, and facilitated the transfer of the funds. The case pertains to alleged financial irregularities in fixed deposits (FDRs) and bank accounts maintained by the MC with the bank. During investigation, officials found discrepancies between the corporation's records and the details provided by the bank. Several FDRs recorded in MC documents were reportedlynot reflected in the bank's records. Discrepancies were also found in account balances, while some bank accounts allegedly did not figure in the corporation's official records. With Ranga's arrest, nine accused have been arrested in the case so far. The FIR was registered on March 24, 2026, under relevant provisions of the Bharatiya Nyaya Sanhita and the Prevention of Corruption Act....