Friday, October 31

ED attaches Rs 20 crore in Meghalaya fake degree scam

Meghalaya has found itself in the spotlight for a massive educational fraud. The Enforcement Directorate (ED) on Monday attached properties worth over ₹20 crore belonging to Chandra Mohan Jha, Chancellor of CMJ University, and his family, in connection with the fake degree scam that has rocked the state since its first exposure. The seized assets include four immovable properties in New Delhi, valued at ₹19.28 crore, and bank balances amounting to ₹1 crore. The ED stated that the action was taken under provisions of the Prevention of Money Laundering Act (PMLA), 2002.

This latest move takes the total value of attached assets in the CMJ case to more than ₹69 crore. Investigations have revealed that between 2010 and 2013, CMJ University issued thousands of degrees without conducting proper examinations, maintaining academic rigor, or obtaining regulatory approvals. According to ED officials, the proceeds from the scam were funneled into real estate and other assets across different parts of India, indicating a well-organised laundering network.

The Meghalaya Police had earlier registered an FIR against the university’s top officials, which subsequently led the ED to open a money laundering probe. Sources say that further investigations are underway, and more properties linked to the accused may come under scrutiny.

Leave a Reply

Your email address will not be published. Required fields are marked *