LUCKNOW: Directorate of Enforcement (
ED
), Allahabad Sub Zonal Office has provisionally attached
properties
worth of Rs. 20.6 crore under the provisions of
Prevention
of
Money Laundering
Act (PMLA), 2002 in Post Matric
Scholarship scam
.
This is the sixth attachment in the case. The attached properties are in the form of college buildings of Hygia Group of Colleges, Ghaila Road, Gazipur Balram Road, near IIM Road, Prabandh Nagar, Lucknow, Uttar Pradesh.
ED initiated investigation based on intelligence and FIRs registered by Uttar Pradesh Police in the Scholarship Scam.
ED investigation revealed that managers and trustees of colleges got fake/dummy students admitted to their institutes for namesake and applied for scholarships in their names on the Government portal. All the formalities and paperwork in this regard were done by managers of the colleges themselves. The scholarship so received was transferred to accounts of colleges and thereafter withdrawn in cash or transferred to personal accounts, thus, their actions resulting to embezzlement of crores of Rupees of Government money by depriving the needy and genuine students.
Till date, six persons have been arrested in the case, 05 provisional attachment orders attaching immovable and movable properties worth of Rs. 20.53 crore in the name of managers and trustees of the various colleges have already been issued. One Prosecution Complaint and three Supplementary Prosecution Complaints in the case have already been filed against six accused persons before the Special PMLA Court.
Total accumulated attachments along with this stand at Rs. 41.13 Crore.
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