Fake degree scam: ED attaches CMJ varsity assets worth over Rs 20 cr

Shillong, July 21: The Enforcement Directorate has attached property worth ₹20.28 crore of the tainted CMJ university chancellor Chandra Mohan Jha and his family members.

The order for provisional attachment of property was issued by ED’s Sub-Zonal Office in Shillong under Prevention of Money Laundering Act (PMLA), 2002 on July 3 this year, according to a delayed report.

The ED ordered attachment of four immovable property in New Delhi valued at ₹19.28 crore and movable assets of ₹1 crore in bank balances.

The ED stated that these assets are linked to the Proceeds of Crime (PoC) generated by Jha and others through the illegal sale of fake university degrees.

ED probe into the case began after a CID investigation exposed large-scale irregularities at CMJ University, particularly the sale of fake degrees, which allegedly generated a total PoC of ₹83 crore.

Earlier in 2017 and 2021, the ED had seized assets worth ₹27.66 crore, ₹13.54 crore, and ₹7.56 crore respectively, all linked to Jha and his family.

The current attachment follows a series of searches conducted by ED in December 2024, during which assets and bank balances were uncovered and frozen.

Investigators also discovered that ₹1 crore had been secretly transferred by Jha to a family member’s account on December 16, 2024, allegedly to evade detection. This amount was later traced and is now part of the newly attached assets.

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