The Central Bureau of Investigation (CBI) on Monday conducted raids at 22 educational institutions in Punjab, Haryana, Himachal Pradesh and Chandigarh in connection with a multi-crore scholarship scam.
The raids were carried out after the agency registered a case against unknown officials for misappropriation of scholarships meant for the Scheduled Castes, Scheduled Tribes, Other Backward Class and Minority community to the tune of Rs 250 crore, a CBI spokesman said.
The funds, meant to be transferred to the accounts of the students, were allegedly siphoned off to other accounts.
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