ED Attaches Rs 194-Cr Property Of Manav Bharti Univ In Fake Degree Scam
In a fake degree scam, the Enforcement Directorate has attached the assets of Solan-based Manav Bharti University (MBU) in Himachal Pradesh. Valued over Rs 194 crore, the assets include land, residential and commercial properties. In the case surfaced last year, the university officials had issued fake degrees in the name of MBU to raise over Rs 387 crore. Later, the funds were invested to buy ‘attached properties’ by the MBU trust’s chairman Raj Kumar Rana.