Bhopal (Madhya Pradesh): Economic Offences Wing (EOW) has conducted searches in connection with alleged financial irregularities of Rs 200 crore at a teaching institute in Indore, officials said on Friday. A complaint was submitted to EOW in August this year, alleging that officials of the institute had conspired to divert funds to private companies, trusts, organisations and family members.
During the investigation, the officer demanded papers related to financial transactions, but they were not provided. EOW obtained permission from Indore court on Thursday to carry out searches. On Friday, officials conducted searches at the organisation’s office and a hospital in Indore.
The searches were aimed at locating original ledgers such as cash book, fee register, loan register, and payment

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