The Central Bureau of Investigation (CBI) has registered a case against The Timothy Initiative (TTI), a US-based Christian evangelical organisation, and six individuals over alleged illegal foreign funding transactions amounting to around ₹92.55 crore.
According to the case, foreign funds were allegedly brought into India through US-issued debit cards and withdrawn as cash from ATMs in several states, including Karnataka, Chhattisgarh and Assam.
Investigators allege that more than 1,000 foreign debit cards were distributed in India. The transactions under investigation reportedly took place between November 2025 and April 2026, with about $9.99 million allegedly withdrawn through the cards.
The case names Jonathan S. Rajan, Micah Mark, Ajit Verghese Mathai, Bablu Kurmi, Supreme Joy and Varghese Chacko, along with The Timothy Initiative and other unidentified persons.The investigation is examining alleged violations of India's Foreign Contribution (Regulation) Act (FCRA) and other financial laws. Authorities are also looking into allegations that some of the funds were used for activities in areas affected by Left-Wing Extremism.
The case follows an earlier investigation by the Enforcement Directorate, which had reportedly traced the use of foreign-issued debit cards and seized cash during searches in Karnataka.
