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Probe Agency ED Files Chargesheet Against FIITJEE Over Rs 85-Crore Fraud
ED chargesheet against FIITJEE over Rs 85-crore fraud signals major enforcement action.
Context
What happened: The ED filed a chargesheet against FIITJEE over an alleged Rs 85-crore fraud. The agency named Dinesh Kumar Goel and Monila Goel, who control the company.
Key numbers: Rs 85-crore alleged fraud; Rs 24.92 crore in salaries received by the two from FY 2022-23 onwards.
Why it matters: The chargesheet names the company's controlling individuals, tying the alleged fraud to salaries drawn from FY 2022-23 onwards.
What changed
The ED filed a chargesheet against FIITJEE over an alleged Rs 85-crore fraud. The agency named Dinesh Kumar Goel and Monila Goel, who control the company.
Why it matters
The chargesheet names the company's controlling individuals, tying the alleged fraud to salaries drawn from FY 2022-23 onwards.