Noida (UP), February 4 (PTI) – The Noida Police have instructed banks to halt transactions in 380 accounts associated with FIITJEE, following the abrupt closure of its coaching centres in Noida and Ghaziabad. The action comes after the coaching giant's sudden shutdown last month, which has sparked an investigation.
FIITJEE’s founder, D.K. Goyal, along with 11 others, has been booked in connection with the closures. Police in Noida, Greater Noida, and Ghaziabad have filed three separate cases, naming several high-ranking officials from the institute, including Rajiv Babbar (Chief Financial Officer), Manish Anand (Chief Operating Officer), and Ramesh Batlesh (Head of the Greater Noida branch).
According to Noida Police, 380 FIITJEE bank accounts across three private banks have been identified. In one bank alone, five accounts contain a total of Rs 60 lakh. Deputy Commissioner of Police (DCP) Rambadan Singh confirmed that letters have been sent to the banks, instructing them to freeze transactions in all accounts tied to the institute.
The DCP also stated that authorities are in the process of gathering more information regarding funds stored in other accounts associated with the institute.
In addition, police have sent notices to nine individuals, including FIITJEE’s founder, D.K. Goyal, requesting their statements. However, only a former employee of the coaching centre has appeared to provide testimony so far.
The controversy erupted last month when FIITJEE’s centres across Delhi-NCR were unexpectedly shut down, leaving many teachers without their salaries for months and prompting a wave of resignations.
Investigations into the matter are ongoing as the authorities attempt to determine the cause behind the sudden closures and the alleged financial irregularities.
FIITJEE’s founder, D.K. Goyal, along with 11 others, has been booked in connection with the closures. Police in Noida, Greater Noida, and Ghaziabad have filed three separate cases, naming several high-ranking officials from the institute, including Rajiv Babbar (Chief Financial Officer), Manish Anand (Chief Operating Officer), and Ramesh Batlesh (Head of the Greater Noida branch).
According to Noida Police, 380 FIITJEE bank accounts across three private banks have been identified. In one bank alone, five accounts contain a total of Rs 60 lakh. Deputy Commissioner of Police (DCP) Rambadan Singh confirmed that letters have been sent to the banks, instructing them to freeze transactions in all accounts tied to the institute.
The DCP also stated that authorities are in the process of gathering more information regarding funds stored in other accounts associated with the institute.
In addition, police have sent notices to nine individuals, including FIITJEE’s founder, D.K. Goyal, requesting their statements. However, only a former employee of the coaching centre has appeared to provide testimony so far.
The controversy erupted last month when FIITJEE’s centres across Delhi-NCR were unexpectedly shut down, leaving many teachers without their salaries for months and prompting a wave of resignations.
Investigations into the matter are ongoing as the authorities attempt to determine the cause behind the sudden closures and the alleged financial irregularities.
