UP Scholarship Scam: ED arrests chairman of Hardoi pharmacy institute on money laundering charges
The ED has filed a charge sheet in this case and attached assets worth more than Rs 6 crore of various accused so far.
Press Trust of India | October 7, 2023 | 07:10 PM IST
NEW DELHI: The Enforcement Directorate (ED) on Saturday said it has arrested the chairman of a Hardoi-based pharmacy institute as part of its ongoing money laundering investigation into alleged Rs 100-crore scholarship scam in Uttar Pradesh.
Ram Gopal, chairman of Jivika Institute of Pharmacy and manager of Dr B R Ambedkar Educational Society, Hardoi was taken into custody on Friday and a special Prevention of Money Laundering Act (PMLA) court in Lucknow sent him to ED custody for seven days on Saturday, the federal agency said in a statement.
ALSO READ I 45% IIT Delhi respondents agreed students use casteist slurs, says report of 2020 survey
This is the fifth arrest in this case by the ED. The money laundering case stems from an Uttar Pradesh Police FIR. The probe found 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 with the sole purpose of taking wrongful advantage of government schemes meant for needy students, the ED said.
All the formalities in this regard were completed by the institutes through various agents, it said. The scholarship so received was transferred to accounts of colleges and thereafter withdrawn in cash or ultimately transferred to personal accounts of owners/managers/ trustees or family members.
This resulted in embezzlement of more than Rs 100 crore of government money, the agency alleged. The ED has filed a charge sheet in this case and attached assets worth more than Rs 6 crore of various accused so far.
The scholarship is provided by central and state governments to facilitate the education of Scheduled Caste (SC), Scheduled Tribe (ST), PH (physically handicapped or specially-abled) students and those belonging to minority communities and economically weaker sections (EWS).
Follow us for the latest education news on colleges and universities, admission, courses, exams, research, education policies, study abroad and more..
To get in touch, write to us at news@careers360.com.
Next Story
]Featured News
]- India has 2,939 researchers on Stanford University’s list of top 2% scientists, a fifth of China’s 10,687
- Canada to cut international student permits by 10% in 2025; brings new language norms
- Kanpur: A year after Yogi Adityanath’s school mergers, many pushed out of mainstream education
- Jammu and Kashmir Assembly Elections 2024: Reservation policy a major issue for youth, first-time voters
- CBSE-transition deferred based on feedback, mass failure in test: Andhra Pradesh Government
- Mothers cook, doctors are male: Southern textbooks more sexist than NCERT, ‘Hindi-belt’ ones, says study
- No full-time Delhi DoE director since last year, educational reforms, teachers’ transfers stalled
- NMC revises CBME guidelines for MBBS curriculum; drops reference to gay sex as ‘unnatural’
- AIIMS Gorakhpur Controversy: Head of surgery accuses executive director of forging son’s OBC certificate
- IIT Guwahati student death: Dean resigns; admin allows failed students to join placements, internships