Chandigarh, July 8 -- The Central Bureau of Investigation (CBI) has arrested two officials of the Haryana Labour Welfare Board (HLWB) in connection with the alleged misappropriation of Rs 50 crore government funds from an account maintained with the Sector-32 branch of IDFC First Bank in Chandigarh, the agency said on Wednesday.

The agency identified the accused as Jugal Kishor, an Accounts Officer, and Amit Kumar, a contractual accountant with the Labour Welfare Board.

According to the CBI, the two were arrested after investigators gathered evidence indicating their alleged involvement in the diversion of public funds through fraudulent banking transactions.

The CBI said the case was taken over following a reference from the Haryana gov...