City
Epaper

ED attaches properties in UP worth Rs 4.12 cr in scholarship scam case

By IANS | Updated: December 5, 2023 09:00 IST

Lucknow, Dec 5 The Enforcement Directorate (ED) has attached properties worth Rs 4.12 crore belonging to the accused ...

Open in App

Lucknow, Dec 5 The Enforcement Directorate (ED) has attached properties worth Rs 4.12 crore belonging to the accused in the multi-crore scholarship scam.

The action took place on Monday here. The attached properties are two residential plots in Lucknow in the name of Ram Gopal, on which buildings of Jivika Institute of Pharmacy and Jivika College of Pharmacy are constructed, and three luxury vehicles in the name of Dr Bhimrao Ambedkar Foundation, under which the two institutes are functioning.

Ram Gopal is the manager of the two institutes and was arrested by ED on October 6. He is currently under judicial custody.

ED initiated investigation on the basis of an FIR lodged by UP Police in the scholarship scam.

The ED investigation revealed that managers and trustees of various institutes got fake students admitted to their institutes and applied for scholarships in their names on the government portal to take wrongful advantage of government schemes meant for needy students.

The scholarship received was transferred to accounts of colleges and thereafter withdrawn in cash or transferred to personal accounts of owners, managers, trustees or family members. This resulted in embezzlement of over Rs 100 crore of public money.

Five persons have been arrested so far in connection with the scam, and two provisional attachment orders, attaching immovable and movable properties worth Rs 6.09 crore in the name of managers and trustees of the various colleges, have already been issued.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

MumbaiMumbai: 29-Year-Old Man Arrested for Assaulting BEST Bus Conductor on Duty

NagpurHost VNIT win handball, tennis titles

AurangabadCA toppers talk

Other SportsFIDE World Cup 2025: India's Narayanan, Diptayan, Aronyak advance to second round

BusinessOpenAI to run its advanced AI workloads on AWS's infrastructure under a multi-year tie-up

National Realted Stories

NationalGuv Mangubhai Patel calls for citizens' active role in achieving TB-free Madhya Pradesh

NationalStop spreading lies about Delhi’s air quality: Virendra Sachdeva to AAP leaders

NationalRajasthan Assembly Speaker Vasudev Devnani's wife passes away

NationalCentre will extend all support to Manipur for its development: MoS Bandi Sanjay Kumar

NationalDelhi CM Rekha Gupta orders deployment of pollution-checking teams