CBI has registered a case against six accused and Delhi based private companies over the allegations of misutilization of foreign contribution which were received for the purpose of carrying out educational and social activities in the country.
The case was registered on a complaint from Home Ministry against these private companies, NGO, private consulting firm and its then functionary and other unknown persons for violation of Foreign Contribution (Regulations) Act and on charges of conspiracy and forgery.
The funds to the tune of over 90 crore rupees were allegedly received mainly from a foreign-based company in the bank accounts of a New Delhi based private firm and NGO for carrying out social welfare activities in the field of education.
The CBI also conducted searches at 11 places at the premises of accused and others which led to the recovery of a large number of incriminating documents.
