India, April 10 -- The CBI has registered an FIR in the alleged embezzlement of Rs 550 crore from the Haryana Government's accounts maintained with IDFC First Bank in Chandigarh after taking over the investigation in the matter, official sources said Thursday.

The Haryana Government had transferred the probe to the central probe agency. The referral was sent to the agency on Wednesday by the Department of Personnel and Training, they said. The CBI registered the FIR, taking over the case earlier probed by the Haryana State Vigilance and Anti-Corruption Bureau (SV & ACB).

"The case pertains to fraudulent banking operations and fictitious transactions allegedly undertaken in a systematic manner to siphon off Government funds into the acco...