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Home»Local News»Raids on MRMC, Kalaburagi: ED probe reveals accused siphoned off Rs 30 crore from students’ stipend amount | Bangalore News
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Raids on MRMC, Kalaburagi: ED probe reveals accused siphoned off Rs 30 crore from students’ stipend amount | Bangalore News

May 7, 2025No Comments2 Mins Read
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Raids performed on the properties of key people linked to Mahadevappa Rampure Medical Faculty (MRMC) in Karnataka’s Kalaburagi have indicated that they siphoned off not less than Rs 30 crore from the stipend quantity allotted to postgraduate college students, an announcement from the Bengaluru Zonal Workplace of the Enforcement Directorate (ED) mentioned Monday.

The ED had searched seven places linked to MRMC on April 30, Might 1 and three, together with the premises of Bhimashankar Bilgundi, former president of Hyderabad-Karnataka Schooling Society (HKE), Gulbarga; Dr S M Patel, former dean of MRMC; and accountant Subhash Chandra.

The probe was initiated on the premise of a First Data Report (FIR) registered with the Cyber, Economics and Narcotics (CEN) Cell, Kalaburagi, which alleged that Bilgundi, Patil, Chandra, and the supervisor of Canara Financial institution’s MRMC department misappropriated stipend quantity of Rs 81.21 crore, which was launched for 282 postgraduate college students, between January 1, 2018, and March 1, 2024.

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“In the course of the search operation, incriminating proof within the type of digital data containing Excel sheets reflecting the main points of clean signed cheques obtained from PG Medical college students and amount of money withdrawn by the administration from the financial institution accounts of scholars, have been discovered and seized,” the ED assertion mentioned.

The probe has indicated that from 2018-19 to 2023-24, the accused had collected the signed clean cheques from PG college students of MRMC via coercion and used it to withdraw a significant portion of the stipends from their financial institution accounts when it was credited, leaving a meagre quantity for the scholars, the assertion added.

© The Indian Specific Pvt Ltd



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