ED Cracks Down on Rajiv Gandhi Proudyogiki Vishwavidyalaya

The Enforcement Directorate is probing alleged financial irregularities at Rajiv Gandhi Proudyogiki Vishwavidyalaya. The investigation has led to the freezing of Rs 1.90 crore and searches at various locations. Incriminating documents were seized, and the case involves the diversion of Rs 20 crore to private entities.

The Enforcement Directorate (ED) has frozen Rs 1.90 crore amid an ongoing money laundering investigation into alleged financial irregularities at Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV), a prominent engineering institute in Bhopal.

Raids were executed on Monday at locations in Bhopal, Sohagpur, Pipariya in Narmadapuram district, and Ranchi and Bokaro in Jharkhand. The ED targeted the residential premises of key university officials, including former Vice Chancellor Dr. Sunil Kumar, ex-Registrar, and ex-Finance Controller.

The federal agency released a statement confirming the seizure of incriminating documents and details of various properties. The money laundering probe stems from a Bhopal Police FIR alleging the embezzlement and diversion of Rs 20 crore to private individuals and trusts. Investigations revealed fund diversions for investments in property, fixed deposits, mutual funds, and jewelry, involving university officers and bank employees.

(With inputs from agencies.)