1. ED files chargesheet against FIITJEE directors over alleged ₹85.79 crore fee misuse

ED files chargesheet against FIITJEE directors over alleged ₹85.79 crore fee misuse

India

  • The ED filed a prosecution complaint against FIITJEE Limited and directors Dinesh Kumar Goel and Monila Goel.
  • The agency alleges ₹85.79 crore in student fees was misappropriated by the coaching institute.
  • FIITJEE shut 32 centres between May 2024 and February 2025, affecting 14,411 students.
  • The ED seeks confiscation of assets worth ₹71.88 crore in the alleged money laundering case.

Source: livemint.com

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