The Asan Karobar Scheme, a flagship Punjab government initiative, has come under serious scrutiny after investigators uncovered a large-scale financial scam. The National Cyber Crime Investigation Agency identified systemic abuse that resulted in multi-million-rupee losses. The case has raised fresh concerns about oversight in public welfare schemes.
According to investigators, fraudsters exploited a technical weakness within the Punjab Bank system. As a result, large sums were illegally withdrawn and diverted. Officials confirmed that the operation involved coordinated activity rather than isolated misconduct. Consequently, authorities moved quickly to initiate criminal proceedings.
Following a formal complaint lodged by Punjab Bank, investigators registered a case against 24 identified suspects. These include both men and women linked to the fraudulent transactions. Meanwhile, law enforcement agencies expanded the investigation based on digital and transactional evidence. So far, more than 70 suspects have been taken into custody.
Investigators revealed that individuals from multiple districts across Punjab participated in the scheme. This geographic spread indicates an organised network rather than a localised breach. Furthermore, officials stated that additional arrests remain likely as new leads emerge. Each detained suspect is being questioned to trace transaction trails.
The case was initiated after a formal statement by Ali Ansar, a field collection officer at Punjab Bank. His testimony highlighted irregularities that triggered an internal review. Subsequently, banking data was shared with investigators for forensic examination. This cooperation helped accelerate the probe.
Authorities explained that the fraud relied on manipulating procedural gaps rather than hacking systems. Therefore, officials are now reviewing internal controls to prevent repeat incidents. In addition, compliance mechanisms within government-backed schemes are being reassessed. The aim is to restore public trust.
The Asan Karobar Scheme was designed to support small entrepreneurs across Punjab. However, the latest revelations underscore the risks of weak monitoring frameworks. Experts stress that transparency and real-time verification remain essential for such programs. Without these safeguards, misuse becomes difficult to detect early.
Investigators reaffirmed their commitment to recovering misappropriated funds. They also confirmed that legal proceedings will continue without delay. As the probe deepens, further disclosures are expected. The case may serve as a benchmark for future accountability in public-sector schemes.
