ED Attaches Rs 194cr Assets Of Private University Owner Over ‘Sale Of Fake’ Degrees
The university, set up in 2009 by a trust promoted by Raj Kumar Rana, is allegedly involved in a scam related to the sale of 4,500 ‘fake’ degrees. Manav Bharati University Ashwani Sharma 2021-01-30T17:15:28+05:30 ED Attaches Rs 194cr Assets Of Private University Owner Over ‘Sale Of Fake’ Degrees outlookindia.com 2021-01-30T20:01:34+05:30
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In the first-ever case of its kind in the country, the Enforcement Directorate (ED) has attached property - both residential and commercial - FDs and land worth Rs 194.17 crore belonging to a promoter of controversial Manav Bharti University (MBU) in Himachal Pradesh.
Fake degree scam: ED attaches assets of MBU, Manav Bharti trust
By IANS |
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Sat, Jan 30 2021 0:03 IST |
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ED raids 5 locations of UP ex-MLC in illegal sand mining case. Image Source: IANS News
New Delhi, Jan 29 : The Enforcement Directorate (ED) has provisionally attached properties worth Rs 194.17 crore belonging to the Manav Bharti University (MBU), the Madhav University, the Manav Bharti Charitable Trust and its Chairman Raj Kumar Rana in the fake degree scam money laundering case.
An ED official here said that the agency has attached moveable and immovable properties in the form of land, residential and commercial buildings worth Rs 186.44 crore located in Himachal Pradesh and Rajasthan and six FDs totalling Rs 7.72 crore under the Prevention of Money Laundering Act (PMLA).
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