ED officials raid the offices of Baijus company
Amaravati: The Enforcement Directorate (ED) officials said searches were conducted at the residence of Byjus CEO Ravindran Byjus, a well-known online education company, and companies in Tamil Nadu and Bangalore on Saturday. Between 2011-2023, Baijus received about Rs 28 thousand crores of foreign direct investment. At the same time, Baijus is said to have transferred Rs.9,754 crore to various foreign officials. At the same time, Baijus is said to have transferred Rs.9,754 crore to various foreign officials.It is stated that since the half year of 2020-21, the financial transactions of the company have not been disclosed and the accounts have not been audited. Officials said that digital data along with copies of several keys were seized during the searches conducted by the ED.