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ED secures confiscation of properties of fugitive in Manav Bharti fake degree scam
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ED secures confiscation of properties of fugitive in Manav Bharti fake degree scam

The Indian Express·Express News Service·about 1 month ago
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According to the investigation agency, the illegal earnings were laundered through a complex web of transactions and invested in movable and immovable assets across multiple states. (Photo generated using AI) In the alleged multi-crore fake degree scam linked to Manav Bharti University, the Directorate of Enforcement (ED), Shimla Sub-Zonal Office, has secured a court order for confiscation of two immovable properties belonging to accused Mandeep Rana, who has been declared a Fugitive Economic Offender (FEO). “The confiscation order was passed by the Special Court under the Prevention of Money Laundering Act (PMLA) in Shimla , following an application filed by the ED under provisions of the Fugitive Economic Offenders Act, 2018 on April 24. The court allowed the plea, holding that the properties — already attached under PMLA proceedings — constitute ‘proceeds of crime’ and are liable for confiscation,” a senior ED official said.…

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