CBI raids 22 education institutions in connection with multi-crore scholarship scam
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.
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 13 2019 | 7:01 PM IST