FIITJEE: Over three hundred bills frozen, Rs 60 Lakh Seized In economic Misconduct Case

In a prime improvement, the noida police have frozen over 300 bank accounts connected to the FIITJEE education centre and seized Rs 60 lakh in coins.

The research follows a case filed towards FIITJEE proprietor Dinesh Goyal and 8 others for alleged monetary misconduct, consisting of crook breach of consider and crook conspiracy.

"Greater such accounts are being observed and we are expecting their information. FIITJEE proprietor Dinesh Goyal has been summoned for a declaration, and the statements of 31 former teachers may also be recorded. we've already taken statements from 250 mother and father. The case has been filed under serious costs of criminal breach of agree with and crook conspiracy, and the sector 58 police station is investigating the whole be counted," stated ram Badan Singh, DCP, Noida.

The case came to mild in late january when a couple of FIITJEE centres in Ghaziabad's raj Nagar, Noida's region sixty two, and greater noida all of sudden close down, leaving loads of students stranded just earlier than their assessments. The government registered cases towards the centre proprietors. After the first closure in Ghaziabad, 4 human beings were named in an FIR. In noida, an FIR turned into filed on january 24, accusing nine FIITJEE officials of crook breach of accept as true with and criminal conspiracy. A similar case changed into filed in more noida in opposition to four humans at the information Park police station.

On january 25, FIITJEE stated the closure of numerous centres across Delhi-NCR. The institute said the shutdowns had been due to "mismanagement and desertion" by the coping with partners and introduced plans to take prison action in opposition to competitors for allegedly poaching its college.

FIITJEE said, "FIITJEE has not closed any centre as a part of its own selection. overnight desertion of the centre by using the centre handling companion, along with the whole group, is the simplest cause for this pressure majeure sort of situation." The institute brought, "the present turmoil in the institution is brief. enterprise officials are operating to renew operations in any respect locations within a reasonable time."

FIITJEE additionally denied claims that many instructors left because of non-payment of salaries and rather blamed "a crook conspiracy hatched with the aid of humans with vested hobbies."

"Our felony team is taking appropriate movement towards the malicious prosecutions lodged towards us," it stated.

The institute claimed it changed into a "victim of exploitation" with the aid of the dealing with partners, which worsened its monetary condition. FIITJEE additionally accused its competition of the use of unfair practices.

"We are also going to take strict prison movement in opposition to the unfair trade practices adopted by means of our competition before civil and crook courts," it said.


FIITJEE confident college students and mother and father that the situation became brief and efforts were being made to stabilize operations. It additionally promised that research would keep with out disruption.


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