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| AAI Rahul vijay's scam 232 core |
In a shocking revelation, the Central Bureau of Investigation (CBI) has arrested a senior officer of the Airports Authority of India (AAI) for allegedly executing a massive ₹232 crore financial fraud. The accused, identified as Rahul Vijay, was serving as Senior Manager (Finance and Accounts) and allegedly diverted government funds to his personal accounts over a period of several years.
According to the investigation, Mr. Rahul Vijay, who was
posted at Dehradun Airport, misappropriated funds between 2014 and 2023. The
CBI has charged him with systematically siphoning off money and using it for
stock market trading and other personal investments.
HOW THE SCAM UNFOLDED
Information said that Mr. Rahul Vijay initially began
with small financial manipulations to test the system. Once he gained
confidence, he expanded the scale of the fraud by creating fake user IDs and
generating fabricated entries.
THE SCAM INVOLVED
Fake Asset Creation : He allegedly created non-existent
assets in the system.
Manipulated Records : He inserted additional zeros into
financial entries to inflate expenses.
Funds Diversion : Approximately ₹189 crore was transferred
into his personal accounts through these inflated entries.
False Expense Claims : Around ₹43 crore was withdrawn under
the guise of operational expenses.
For example, in one project, a legitimate entry of ₹67.81
crore was fraudulently altered to reflect ₹189 crore. The difference was allegedly
routed to his personal accounts. To execute this, Vijay created at least three
separate fake user IDs within the accounting system.
INTERNAL AUDIT EXPOSES THE FRAUD
The fraud came to light during an internal audit at the Airports Authority of India. The discrepancies in accounting entries triggered suspicion, leading the AAI to file an official complaint with the CBI.
Following the complaint, CBI teams conducted searches at his
residence in Jaipur and his office premises. The raids resulted in the recovery
of crucial documents, digital records, and property-related information, which
are now under investigation.
A WELL-PLANNED OPERATION
Investigators revealed that Vijay’s scheme was highly organized and deliberate. He cleverly routed payments through contractors, ensuring the records appeared authentic. Once contractors were paid the actual project costs, he inflated the figures and transferred the inflated amounts to his personal accounts.
This fraudulent mechanism went undetected for years due to the
complexity of the accounting system and the misuse of authority-based access
controls. His ability to generate multiple user IDs within the system enabled
him to bypass internal checks and balances.
WIDER IMPACT AND ACCOUNTABILITY
The ₹232 crore scam has sent shockwaves across the aviation
and government sectors, raising serious concerns about transparency and
internal financial monitoring within AAI.
Experts suggest that the case Highlights :
- The need for stronger internal audit mechanisms.
- Better cybersecurity and access control systems in government institutions.
- Stricter vigilance over financial operations involving public funds.
- The AAI has confirmed its full cooperation with the CBI and assured that measures are being taken to plug the loopholes that allowed such a large-scale fraud.
CBI INVESTIGATION AND NEXT STEPS
The CBI is now focusing on tracing the diverted money and identifying whether other officials or contractors were complicit in the scam. Sources also indicate that the probe will extend to Vijay’s stock market investments to establish the flow of siphoned funds.
Authorities are also investigating whether the accused had
benami properties or offshore accounts. Preliminary findings suggest multiple
properties linked to him are already under scrutiny.
PUBLIC REACTION AND AVIATION SECTOR’S CONCERN
The news has sparked widespread criticism, with many questioning how such a massive fraud could continue unnoticed for nearly a decade. Aviation sector experts fear that such incidents damage India’s reputation in global aviation administration, especially when international investors and partners rely on strong governance and accountability.
Public opinion on social media has been sharp, with many
demanding stricter punishment for financial crimes involving taxpayer money.
Some also called for the digitization of audit trails with advanced AI-based
monitoring to prevent future scams.
SUMMARY
The arrest of Rahul Vijay, accused of orchestrating a ₹232
crore scam within the Airports Authority of India, is a stark reminder of the
vulnerabilities in India’s financial oversight systems. While the CBI continues
its probe, the case has already raised important questions about governance, accountability,
and the protection of public funds.
keywords, government fund misappropriation, stock market trading scam, AAI senior manager fraud, Dehradun airport officer arrested, CBI corruption case,
