ED attaches Rs.1,170-cr UP varsity assets
New Delhi, Oct. 29 -- The Enforcement Directorate (ED) on Wednesday said it had provisionally attached land and buildings of Mohammad Ali Jauhar University in Rampur, Uttar Pradesh, with an estimated market value of around Rs.1,170 crore as part of its money laundering probe against the Maulana Mohammad Ali Jauhar Trust, jailed Samajwadi Party (SP) leader and former minister Azam Khan and others.
According to ED, the properties attached represent alleged proceeds of crime worth Rs.426.46 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. "The university campus at Jauhar Nagar in village Singhankhera at Rampur is held by the Maulana Mohammad Ali Jauhar Trust, founded and controlled by Azam Khan, who is also th...
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