Noida Police Freeze ₹11.11 Crore Linked to FIITJEE Founder

The Noida Police have taken action against FIITJEE Coaching Institute founder Dinesh Goyal, freezing ₹11.11 crore across 12 bank accounts. This follows an investigation into financial irregularities after the closure of several FIITJEE centers.

What Led to the Investigation?

Parents raised concerns when multiple FIITJEE centers in Noida, Greater Noida, Ghaziabad, and other cities began shutting down. Their demands for strict action prompted the police to examine the institute’s financial records and Dinesh Goyal’s accounts.

Details of the Bank Accounts

Police revealed that Goyal’s PAN card is connected to a staggering 172 current accounts and 12 savings accounts across various states. So far, details of 12 of these accounts have been disclosed.

Legal Steps Taken

An FIR has been filed at the Knowledge Park police station under sections 318(4) and 316(2) of the Bhartiya Nyay Sanhita (BNS). According to Additional Deputy Commissioner of Police (ADCP) Ashok Kumar, the cyber crime team, along with Knowledge Park police, identified these linked accounts and initiated the freezing of funds.

Ongoing Investigation

Authorities have stated that further investigations are underway. The police are now examining the remaining accounts and financial records to ensure all discrepancies are uncovered.

The swift action taken by the Noida Police is a response to growing concerns among parents and stakeholders. As the investigation progresses, more information on the extent of the financial irregularities is expected to come to light.