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FIITJEE founder refutes ED's charges
Mint New Delhi
|April 28, 2025
FIITJEE founder D.K. Goel on Sunday rejected the Enforcement Department's charges of a ₹250 crore fraud at his coaching institute, asserting there has been no diversion of funds as claimed.
The agency conducted raids at seven locations in Noida, Delhi, and Gurugram, including Goel's residence in Delhi's upmarket Vasant Vihar. It claimed to have found proof that about ₹250 crore was collected as fees from over 14,400 students, but the educational service was not delivered.
The ED said about 32 FIITJEE coaching centres across the country were shut.
"There is no diversion of even one rupee," Goel said over the phone on Saturday.
This story is from the April 28, 2025 edition of Mint New Delhi.
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