The attached assets include four immovable properties in New Delhi valued at ₹19.28 crore and a bank balance amounting to ₹1 crore. The assets have been seized under the Prevention of Money Laundering Act (PMLA), 2002, the agency said.
With this, the total attachment in the CMJ scam so far has reached over ₹69 crore, the ED said.
The case pertains to the issuance of fake degrees by CMJ University, a private institution in Meghalaya, without conducting proper examinations or maintaining academic standards.
Investigations revealed that between 2010 and 2013, the university issued thousands of fake degrees and enrolled students in various courses without regulatory approvals.
The proceeds from the scam were allegedly laundered and invested in property and other assets across the country.
Meghalaya Police had earlier registered an FIR in the matter, which led to the ED initiating a money laundering probe.
Further investigation is underway.
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