Following a court order, ten men have been charged in connection with an alleged financial scam at Munshi Raghunandan Prasad Sardar Patel Girls Degree College, involving embezzlement of Rs 2.7 crore.
India
-Krishna Kripa
A
legal
case
has
been
initiated
against
10
individuals
linked
to
a
suspected
financial
fraud
at
Munshi
Raghunandan
Prasad
Sardar
Patel
Girls
Degree
College.
This
action
follows
a
court
directive,
as
reported
by
officials
on
Saturday.
City
Kotwali
SHO
Sudhir
Kumar
Singh
confirmed
the
registration
of
the
case
against
Umashankar
Verma,
Dhirendra
Kumar,
Manav
Patel,
Man
Singh,
Rajesh
Kumar,
Rajiv,
Ashok,
Sunil,
Ajay,
and
Bhagwat.
image
Following
a
court
order,
ten
men
have
been
charged
in
connection
with
an
alleged
financial
scam
at
Munshi
Raghunandan
Prasad
Sardar
Patel
Girls
Degree
College,
involving
embezzlement
of
Rs
2.7
crore.
The
case
stems
from
a
petition
by
Krishna
Chaudhary,
a
founding
trustee
of
the
college.
She
accused
some
management
committee
members
of
creating
false
documents
to
misappropriate
approximately
Rs
2.7
crore
from
the
institution.
The
petition
was
filed
with
the
chief
judicial
magistrate.
Allegations
of
Forgery
and
Misuse
According
to
the
complaint,
Umashankar
Verma
and
former
cooperative
bank
chairman
Dhirendra
Kumar
Verma
allegedly
declared
themselves
as
office-bearers
without
conducting
elections
or
obtaining
necessary
permissions
from
the
registrar
of
firms,
societies,
and
chits
in
Ayodhya.
During
the
nationwide
Covid
lockdown
on
April
5,
2020,
a
fake
management
meeting
was
purportedly
held
where
signatures
of
17
members
were
forged.
It
is
alleged
that
these
forged
signatures
facilitated
the
transfer
of
about
Rs
50
lakh
from
college
accounts
in
a
nationalised
bank
and
the
district
cooperative
bank
to
Deyaram
and
Sons
Trading
Firm
via
RTGS
without
any
bills.
Additionally,
Umashankar
allegedly
transferred
Rs
20
lakh
to
his
son
Manav
Patel’s
account
without
management
committee
approval.
Frozen
Accounts
and
Further
Transfers
Despite
Rs
2.07
crore
being
frozen
in
the
cooperative
bank
account,
funds
were
reportedly
moved
to
another
account.
This
was
allegedly
done
by
exploiting
Dhirendra
Kumar
Verma’s
position
as
the
bank’s
chairman.
Krishna
Chaudhary
had
previously
complained
to
the
superintendent
of
police
and
submitted
a
petition
on
September
25,
2025,
but
no
action
was
taken
until
now.
The
court’s
order
led
to
the
registration
of
this
case.
Umashankar
has
denied
any
wrongdoing
at
the
college.
He
claimed
that
“the
FIR
has
been
registered
based
on
false
claims
by
my
opponents.” He
stated
that
the
accused
would
provide
evidence
and
cooperate
with
legal
proceedings
to
establish
their
innocence.
This
case
highlights
significant
allegations
of
financial
misconduct
within
an
educational
institution.
The
judicial
process
will
determine
the
veracity
of
these
claims
and
any
potential
consequences
for
those
involved.
With
inputs
from
PTI
