According to the Anti Corruption Bureau (ACB), accused Birla Shlok Education Ltd's Regional Head Ravindra Indulkar, Zenith Software Ltd's Vice President Guruprasad Krishnamurthy, Core Education and Technology's Vice President Raju Pandey and some government officials were booked under IPC sections 420 (cheating), 120(B) (criminal conspiracy) and 34 (acts done by several persons in furtherance of common intention) and relevant sections of the Prevention of Corruption Act.
A complaint was received some time ago in this regard and after conducting a preliminary probe, it came to light that the accused had diverted Rs 24.28 crore government funds to themselves in violation of government order that had been issued in July 2012, the DGP added.
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
