• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

ED Attaches Assets Of Shillong Varsity Foundation Members In Fake Degrees Case

OMMCOM NEWS by OMMCOM NEWS
July 16, 2024
in Nation

Guwahati: The Enforcement Directorate’s Guwahati Zonal Office has provisionally attached assets worth Rs 7.56 crore of Shillong-based CMJ University Foundation trustees Chandra Mohan Jha and his family members and others in a case involving the issuance of fake degree certificates in return of money, an official statement said.

The assets attached, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, are in the form of balances in their bank accounts, fixed deposits, insurance policies, and a landed property.

The ED initiated the investigation on the basis of an FIR and charge sheet filed by Meghalaya Police’s CID under various sections of the IPC against the varsity, Jha, his family members, who were also trustees of CMJ Foundation, and others, for defrauding thousands of students by giving them fake degree certificates in return of money.

Around 20,570 degrees were illegally issued by CMJ University.

The ED investigation revealed that after selling the fake degrees, the funds so received in their bank accounts were diverted after rotating among bank accounts in various banks and mutual funds maintained by the members of the Jha family and given the colour of genuine transactions.

Some of the funds were also invested in fixed deposits.

The proceeds of crime, also invested in landed properties, have been quantified at Rs 83.52 crore, out of which the ED had earlier attached properties worth Rs 41.2 crore.

The total attachment in this case, till date, stands at Rs 48.76 crore (approx.).

Further investigations are underway.

(IANS)

Tags: CIDEnforcement DirectoratePrevention of Money Laundering Act (PMLA)
ShareTweetSendSharePinShareSend
Previous Post

Messi Hopeful Of Quick Return From Injury

Next Post

Ganjam Electrocution Incident: Five Held, Equipment Seized

Related Posts

Pralhad Joshi
Nation

‘Mohabbat Ki Dukaan To Jhoot Ki Dukaan’: Pralhad Joshi Slams Rahul Gandhi For ‘Attacking’ ECI

August 8, 2025
Delhi Assembly Speaker Vijender Gupta
Nation

Delhi Speaker Refers Four CAG Reports Related To AAP Govt Era To PAC For Examination

August 8, 2025
Chhota Bheem
Nation

Central Govt Launches ‘Chhota Bheem’ Comic Series To Boost Indian Storytelling

August 8, 2025
Piyush Goyal
Nation

India Negotiating Trade Pacts With Several Nations, Including US: Piyush Goyal

August 8, 2025
Gurnam Singh Charuni
Nation

Gurnam Singh Charuni Backs PM Modi’s Pro-Farmer Stand, Slams US Tariff Decision

August 8, 2025
Mata Janaki Temple
Nation

NDA Leaders Hail Amit Shah’s Participation In Mata Janaki Temple Ceremony As ‘Historic’

August 8, 2025
Next Post

Ganjam Electrocution Incident: Five Held, Equipment Seized

India’s Booming Manufacturing Sector Creates More Job Opportunities Than Ever: Report

Sensex

Stock Markets Open On A High, Adani Enterprises Among Top Gainers

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.