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ED Raids LNCT Group in Bhopal Over Alleged Rs 200 Crore Financial Irregularities
🗓 23 Jun 2026, 12:02 PM
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The Enforcement Directorate (ED) has initiated searches at locations linked to the LNCT Group in Bhopal, investigating alleged financial irregularities amounting to approximately Rs 200 crore. The probe follows an earlier case registered by the EOW concerning the misuse of student fees, scholarships, and education loan funds.
The Enforcement Directorate (ED) has launched a significant investigation, conducting raids at multiple premises associated with the LNCT Group in Bhopal. The agency is examining the group's financial transactions as part of a probe into alleged irregularities.
Sources indicate the investigation is focused on potential financial improprieties amounting to an estimated Rs 200 crore. This action by the ED is a follow-up to an earlier case registered by the Economic Offences Wing (EOW).
The EOW's initial inquiry reportedly pertains to the alleged misuse of funds collected as student fees, scholarships, and amounts disbursed through education loans. The ED's involvement signifies a deeper examination into the financial dealings of the educational institution.
Sources indicate the investigation is focused on potential financial improprieties amounting to an estimated Rs 200 crore. This action by the ED is a follow-up to an earlier case registered by the Economic Offences Wing (EOW).
The EOW's initial inquiry reportedly pertains to the alleged misuse of funds collected as student fees, scholarships, and amounts disbursed through education loans. The ED's involvement signifies a deeper examination into the financial dealings of the educational institution.