Rs 92.55 Crore Foreign Funds, Over 1,000 Debit Cards: CBI Probes US-Based NGO Over FCRA Violation

A probe by ED earlier had alleged that multiple debit cards issued by foreign banks were used by Timothy Initiative India operatives to withdraw foreign donations from ATMs

The Central Bureau of Investigation (CBI) has begun a probe against a US-based NGO for alleged violations of FCRA laws. The Timothy Initiative and its India operatives are under scanner for allegedly misusing Rs 92.55 crore worth of foreign donations.

The CBI case, registered in August this year, stems from an Enforcement Directorate (ED) reference. The ED probe had earlier alleged that multiple debit cards issued by foreign banks were used by Timothy Initiative India operatives to withdraw foreign donations from ATMs, bypassing legal channels.