The Bombay High Court today directed the Shikshan Shulka Samiti to probe into allegations of inflated expenditure in the balance sheet of Bhujbal Knowledge City, Nashik campus of Mumbai Education Trust (MET),co-founded by Maharashtra PWD minister Chhagan Bhujbal.
A division bench of Chief Justice Mohit Shah and Justice M S Sanklecha directed the Samiti to complete its inquiry into the alleged fraud within two months.
The direction was passed in a public interest litigation filed by social activist Balasaheb Jambhulkar alleging that the institute showed inflated expenditure on students in order to the Samiti to approve higher fees.
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MET had denied the allegations saying that the petition does not raise a general grievance, but is only against one institute (Bhujbal Knowledge City).
MET's co-founder Sunil Karve was, however, supporting the petition and had alleged that Bhujbal and his family had misappropriated funds of the institute.
Karve had in December 2013 written a letter to the police alleging that there is misuse of trust funds.
In his complaint, Karve alleged that the institutes at the Nashik campus have been showing inflated expenditures on technology development fund and student activity funds since academic year 2009-10 to the tune of Rs 7.88 crore.