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CBI raids 22 education institutions in connection with multi-crore scholarship scam

ANI  |  General News 

The (CBI) on Monday conducted raids at 22 educational institutions in Punjab, Haryana, and 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 said.

The funds, meant to be transferred to the accounts of the students, were allegedly siphoned off to other accounts.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 13 2019. 19:01 IST