 "MP: Primary school teacher is owner of 20 colleges, says EOW after raids")
A government school teacher who was raided by the Economic Offences Wing (EOW) of Madhya Pradesh police on Saturday for alleged disproportionate assets has turned out to be the owner of 20 colleges, an official said.
The raids were carried out at the house and other premises of Prashant Parmar, a primary school teacher posted in Ghatigaon here, he added.
"Initial investigation after the raids in Gwalior and other places have shown that Parmar owns 20 colleges offering D.Ed and B.Ed courses in the Gwalior-Chambal division. The documents pertaining to these colleges are being probed," EOW Deputy Superintendent of Police Satish Chaturvedi said.
"These assets are over 1,000 times his known sources of income. He also owns four offices. The raid is underway and more information about the teacher's disproportionate assets is being collected," he added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app