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Bangalore: ICFAI students go on Rampage, 33 Held

  •   Fri, May 08 2009 08:02:41 AM

Bangalore: ICFAI students go on Rampage, 33 Held 
DHNS

Bangalore, May 8: More than 30 students of the Institute of Chartered Financial Analysts of India (ICFAI) were arrested on Thursday for ransacking the premises, following a decision by the University of Dehradun authorities to deny admission to students to the regular four-year B Tech course.

As anger boiled over, B Tech first and second year students resorted to violence, damaging 80 computers and 50 windowpanes, besides setting afire scores of books. As many as 33 students were arrested for damaging property worth Rs 50 lakh. A fire tender that was rushed to the spot was able to douse the blaze in the library. Those arrested were produced before a magistrate.




ICFAI has been in the eye of a storm for allegedly duping students. In the past, it has claimed to be part of ICFAI University, offering engineering courses.

No recognition

Students who enrolled for courses found out later that recognition was denied and that they would earn diploma certificates, all this after paying exorbitant fees. Repeated protests by the students went in vain.

The students were asked to approach ICFAI’s branch in Dehradun which also promised to accommodate those from Bangalore. On Thursday, the Vice-Chancellors of ICFAI University Dehradun and Hyderabad were scheduled to visit the Bangalore institute to find a solution to the problem. When they failed to turn up, a student called up the ICFAI Dehradun V-C who reportedly informed him that the students in Bangalore would not be admitted.

Based on the complaints filed by the students, criminal cases were registered against four ICFAI officials. An ICFAI Tech student said on condition of anonymity that the “the ICFAI Dehradun V-C said we would not be admitted to the regular courses and gave us an option to choose the distant learning course which would cost Rs eight lakh”. For the students, this was an unacceptable proposition as each of them had spent exorbitant amounts while paying for admission.

  

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Comment on this article

  • b.k.bhattacharya, patna

    Fri, May 08 2009

    i appeal to the ministry of higher education to accomodate the students reading in ICFAI bangalore ,hyderabad,jaipur,etc in different UGC approved instituitions in our country so as to save their preciuos career and time .To me the authority Of ICFAI is not at all serious to run their instituitions in different localities.government should Also punish the the authority of ICFAI ,SO that other fake instituitions should not erupt in future and also frame some rules and regulations for opening new instituitions and should permit only after regular inspection like MCI do before opening a new medical college.

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  • BATURAM NAYAK, SAMBALPUR, ORISSA

    Fri, May 08 2009

    Enough is enough. There are two things to it.One, the reputation of the ICFAI is at stake. Two, the careers of thousands of students are at stake. And the solution to both the problems is with ICFAI only.... Can the management hear the bricks of the organization falling...one...after...one? Its high time they forsake their "intellectual arrogance" and hear the feeble yet powerful voice of sanity of the victimised students !! Otherwise their BIG FALL is inevitable.

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  • Charles D''Mello, Pangala

    Fri, May 08 2009

    I do not what the students were up to. But those people who run such institutions should be taken into  custody . Anybody who tries to spoil the young students life cannot be pardoned... Why are they not arrested ?

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  • William, Sharjah, Udupi

    Fri, May 08 2009

    The government is to be blamed for all this confussion. Why allow an institute to dupe students, by allowing them to open such bogus institutes ?. Strict action should be taken against the V-C and all the members with heavy penalty

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  • David Lobo, Mangalore/Toronto

    Fri, May 08 2009

    I do not condone what these students did, but I do not blame them. Why in today''s world is education sold like items in a market place. These ICFA officers deserve to go to jail for tricking students and denying them a four year degree after they have paid for their courses. Shame on these officers for cheating people and making them pay 8 lakhs for the distance education courses. If people like these are in charge of the educational system I''m sure India will go down the drain within a few years. Pity these students who in all good faith went to this wretched university to get an education. I hope the judge realizes the student''s plight and punish the officers for embezzlement.

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