FIR against former director of Dr D Y Patil B-School for allegedly embezzling Rs 4.98 crore

2 min readJul 8, 2026 12:33 AM IST

Fraudulent commission fees to the tune of Rs 1.08 crore was allegedly paid to a third party for admission of students.

An FIR has been registered at the Wakad police station against Amol Anandrao Gawande, the former director of Dr D Y Patil B-School in Tathawade Pune, for alleged embezzlement of Rs 4.98 crore of the institution’s funds, theft of institution’s confidential data, and destroying electronic evidence.

The FIR was registered on July 4 by the Economic Offences Wing (EOW) under sections 316(4), 318(4), 248, 336, and 340 of the Bharatiya Nyaya Sanhita (BNS) as well as Sections 43, 66, and 72(A) of the Information Technology Act, 2000. The complaint was filed by an employee on behalf of the school.

Gawande was the director of the B-School till October 2025. According to the FIR, a forensic audit of the finances of the institute by firm AZB & Partners allegedly revealed that the funds had allegedly been embezzled in various ways.

Fraudulent commission fees to the tune of Rs 1.08 crore was allegedly paid to a third party for admission of students. Further, a salary of Rs 3.27 crore was fraudulently paid to contractual teachers who were not present in the college according to the biometric attendance system. Rs 31.58 lakh was allegedly fraudulently paid to a tours and travels company.

It is also alleged in the FIR that Gawande copied confidential files from the institute’s laptop provided to him to a hard disk and formatted the institute laptop. Gawande allegedly asked an IT employee of the institute to buy a hard disk and transfer the laptop’s data to it. Further, he also allegedly copied data from his official email account provided to him by his institute to his personal email account.