New Delhi: The Enforcement Directorate (ED) has attached assets worth over Rs 194 crore belonging to Manav Bharti University, its associated concerns and promoters in connection with a money-laundering probe against them. It is linked to an alleged fake degree scam that emerged in Himachal Pradesh last year, the agency was quoted as saying on Friday.
The properties have been attached provisionally. They comprise land, residential house and commercial buildings in Himachal Pradesh and Rajasthan. Their total worth is Rs 186.44 crore and apart from six fixed deposits of Rs 7.72 crore.
The assets are in the name of Solan-based Manav Bharti University (MBU), Madhav University, Manav Bharti Charitable Trust and trust chairman Raj Kumar Rana. The university is owned by the Manav Bharti Charitable Trust and was established under the Manav Bharti University (Establishment and Regulation) Act 2009, as per state police, the report added quoting PTI.
The total value of the assets attached by the Enforcement Directorate is Rs 194.17 crore.
Comments are closed.