ED Attaches Rs 20.28 Crore of CMJ University Chancellor’s Assets, Total Seizures Exceed Rs 69 Crore

Using the Prevention of Money Laundering Act the agency froze four New Delhi properties alongside a bank balance as part of its ongoing fake degree probe.

Overview

On July 3 the Enforcement Directorate issued a provisional attachment order for Rs 20.28 crore of assets held by Chancellor Chandra Mohan Jha and his family under the PMLA.
The seized assets include four immovable properties in New Delhi valued at Rs 19.28 crore and a bank balance of Rs 1 crore.
Since 2017 the ED has cumulatively attached assets worth over Rs 69 crore in the CMJ University fake degree case.
The money laundering investigation was launched after a CID East Khasi Hills FIR accused CMJ University of issuing unregulated fake degrees between 2010 and 2013.
Further forensic analysis and asset-tracing measures remain underway as the multi-year probe continues.