An MoU was signed between Rashtriya Raksha University (RRU) and Indian Institute of Corporate Affairs (IICA) on June 9, 2023.

The MoU intends to synergise the professional capabilities of IICA and RRU towards capacity building, education, research and consulting in the domain of Internal Security, Financial Crimes, Law Enforcement, Corporate Frauds and other subject matters common to their mandate and objectives. The MoU also provides for exchange of knowledge and resources between IICA and RRU for conducting research, training and consultancy.

Prof (Dr) Bimal Patel, Vice-Chancellor of RRU in his address said that “Economic and Financial Security is a crucial facet of National Security and Economic Security of acountry forms the very backbone for its good governance. It becomes imperative that the stakeholders in the financial and corporate system as well as personnel from law enforcement agencies must be adequately equipped for early detection and prevention of financial crimes. This collaboration between the two institutions would be a significant step towards strengthening of the existing financial system of the nation.”

Shri Praveen Kumar, Director General and CEO of IICA in his virtual address stated that “Corporate frauds constitute one of the most serious economic offences as enormous public money is involved thereunder which abysmally impacts the economic health of the nation. IICA in collaboration with RRU look forward to safeguarding economic security of the country through training and upskilling the officers of relevant stakeholders from banks, financial institutions, investigating agencies and other professionals in the financiall and scape.”

RRU is an Institution of National Importance under the Ministry of Home Affairs, GOI. It is a pioneering national security and police University of India. IICA is an institution established by the Ministry of Corporate Affairs (MCA), Government of India as an autonomous body to act as a think-tank and a centre of excellence to support the growth of the corporate sector in India through an integrated and multi-disciplinary approach.

The MoU was signed by Prof (Dr) Naveen Sirohi from IICA, who also shared the purpose statement of the collaboration. Dr. Dimpal T. Raval, Director of the School of National Security and Law (SNSL) at RRU, articulated action plan. Dr. Raval stated, "The objectives of the RRU as a premier institute in the domain of national security. The global best practises in legal education through innovation, research, extension, training consultancy, and advancement in criminal and security studies have been adopted at RRU. The SNSL has strengthened economic and national security through capacity building programmes, training, research, and education. Vital issues in the domains of money laundering, procurement fraud, and the prevention of corruption, among others, were also emphasised. Furthermore, the SNSL motto for excellence in legal education through upcoming events such as the 1st National Moot Court Competition on financial fraud and national security has been pondered." Eventually, Dr. Raval proposed a vote of thanks to the Vice Chancellor of RRU, Registrar, Pro Vice-Chancellor of RRU, SNSL team, counterpart Director General and CEO of IICA, and Prof. (Dr.) Naveen Sirohi from IICA for materialising the MoU signing ceremony.

Some of the photos of the events:

YP/GP/JD

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