The Enforcement Directorate (ED) logo.
Credit: PTI File Photo
Kalaburagi: The officials of Enforcement Directorate on Wednesday conducted raids on the houses of four persons, including Congress leader and Hyderabad-Karnataka Education Society’s former president Bhimashankar Bilgundi, in connection with charges of misusing stipend money of Mahadev Rampure Medical College students.
They have conducted search operations at the residences of the college principal Dr S M Patil, accountant Subhas Jagannath and Canara Bank MRMC branch manager.
All four persons are accused of misusing Rs 81.21 crore stipend belonging to 282 students between 2018 and 2024.
The aggrieved students and advocate Vinodkumar had lodged a complaint at Cyber, Economic and Narcotics Crime Police Station, last year. They had allegedly deposited stipend into the bank accounts of the students and had also illegally received blank cheques with the signature from them. They are facing the charge of withdrawing the amount later for personal use.
Around 30 Enforcement Directorate officials conducted search operations in their houses throughout the day. The postgraduate students of the college, belonging to the HKE society, had also staged a protest accusing the college authorities of illegally withdrawing their stipend amount.