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ED raids multiple locations over alleged embezzlement in South Point school

  • ED conducts raids in Kolkata over alleged embezzlement involving elite private school South Point
  • Crores allegedly transferred from school to a private institution; former South Point president's residence raided
  • Primary complainant already arrested by Kolkata Police; ED continues probe into corruption allegations

03 Sep 2024

ED raids multiple locations over alleged embezzlement in South Point school

The Enforcement Directorate (ED) launched search operations across various parts of Kolkata on Tuesday morning, targeting multiple locations including Kasba and Alipore. The raids are part of an investigation into alleged embezzlement involving a prominent private English medium school -- South Point -- in the city.

According to ED sources, it is alleged that crores of rupees were transferred from the school's account to a private institution, with the school's administrator reportedly implicated in the scheme.

The central agency's operations began at around 6:30 am, with a team raiding the residence of Sushil Kumar Dagar, former president of South Point Management Society, located at 88/1 Nalini Ranjan Avenue, B Block, New Alipore.

Simultaneously, another ED team conducted a raid at the house of KK Malavya in the Kayastha locality of Kasba.

The primary complainant in the case, Krishna Damani, had previously been arrested by Kolkata Police, which had also investigated the allegations of corruption at South Point.

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ED raids multiple locations over alleged embezzlement
ED raids, Kolkata embezzlement, South Point school, corruption





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