Police seize ₹11cr from 12 bank accounts linked to FIITJEE founder
In a recent development, the Noida Police has taken a drastic step by freezing ₹11.11 crore from 12 bank accounts linked to FIITJEE Coaching Institute’s founder, Dinesh Goyal. This action was taken after the sudden closure of the institute’s centers in Noida and Ghaziabad, as well as other cities. The abrupt decision has left many students and their parents in a state of uncertainty, with some having paid fees running into lakhs of rupees.
The news of the police action was confirmed by the Noida Police on Monday, sparking widespread concern among the students and their parents. According to reports, the police action was taken after a complaint was filed against FIITJEE Coaching Institute for allegedly duping students of their hard-earned money.
For those who may not be familiar, FIITJEE is one of the most popular and prestigious coaching institutes in the country, offering courses in engineering, medical, and other competitive exams. The institute has a significant presence across various cities in India, with a large number of students enrolled every year.
However, the sudden closure of the centers has left many students and their parents in a state of limbo. Many students have complained that they were not informed about the closure in advance, and were left with no option but to seek refunds or continue their education elsewhere.
The police action comes as a welcome relief for many students and their parents, who had been seeking justice for months. According to reports, the police have seized the funds from the 12 bank accounts linked to Dinesh Goyal, the founder of FIITJEE Coaching Institute.
While the exact reasons for the sudden closure of the centers are still unclear, sources indicate that the institute was facing financial difficulties. However, this does not excuse the institute’s failure to inform students and their parents about the closure in advance, leaving them in a state of uncertainty.
The incident has also raised questions about the regulatory mechanisms in place to ensure the safety and security of students’ fees. Many experts have pointed out that the lack of transparency and accountability in the coaching industry has led to such incidents in the past.
In the wake of this incident, the Uttar Pradesh government has announced that it will conduct a thorough probe into the matter. The government has also assured students and their parents that they will be provided with necessary support and guidance to help them complete their education.
In conclusion, the sudden closure of FIITJEE Coaching Institute’s centers and the police seizure of ₹11.11 crore from 12 bank accounts linked to the founder is a major scandal that has left many students and their parents in a state of distress. While the exact reasons for the closure are still unclear, it is imperative that the coaching industry takes steps to ensure transparency and accountability in the future.
