“There are 13 such colleges where we have proof of such fraudulent methods. They show this stipend payout as expenditure and then use it as a base to increase the fees next year. This is nothing but money laundering. Students are being forced to accept these dummy accounts as they have no choice. This has been brought to our notice by students as well parents but they are scared to report the issue anticipating the effect the complaint might have on them,” says Dr K Mahesh Kumar, HRDA president., “There are 13 such colleges where we have proof of such fraudulent methods. They show this stipend payout as expenditure and then use it as a base to increase the fees next year. This is nothing but money laundering. Students are being forced to accept these dummy accounts as they have no choice. This has been brought to our notice by students as well parents but they are scared to report the issue anticipating the effect the complaint might have on them,” says Dr K Mahesh Kumar, HRDA president., , Read More,
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