FIITJEE directors face money laundering charges over ₹85 crore student fees
- The Enforcement Directorate ED charged FIITJEE and its directors over alleged misuse of ₹85.79 crore in student fees.
- FIITJEE shut 32 centres across cities including Noida, Delhi, Lucknow, Ghaziabad, Meerut, Bhopal, Indore and Mumbai.
- • The closures left 14,411 students without classes, while directors allegedly received ₹24.92 crore in salaries despite unpaid teachers.
- The ED seeks confiscation of ₹71.88 crore in assets and prosecution of the directors under money laundering laws.
Source: indiatoday.in
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