'Govt funds diverted by security firm owner for own use' | Mumbai News
Representative image MUMBAI: The ED has alleged that Rahul Nanda had diverted, for personal and corporate use, funds that his private security firm—Tops Grup---received from the Central government under the Deen Dayal Upadhyay Grameen Kaushalya Yojana. Under the scheme, the government roped in private firms to provide training to rural youth to cater to their career aspirations. The ED alleged that on Nanda’s instructions, the accounts department of the security firm had transferred Rs 5 crore of the fund to another company with ‘tacit understanding’. Holding that there was sufficie...
Source: indiatimes.com