Money laundering case: ED attaches Azam Khan's Jauhar University assets worth rRs.r1,170 cr
LUCKNOW, Oct. 28 -- The Enforcement Directorate (ED) has attached land and buildings of Mohammad Ali Jauhar University in Rampur, estimating their current market value at approximately Rs.1,170 crore, in a money laundering investigation against former Uttar Pradesh Cabinet minister Mohammad Azam Khan, the Maulana Mohammad Ali Jauhar Trust and others.
In a statement issued on Wednesday, the ED's Lucknow zonal office said its investigation under the Prevention of Money Laundering Act (PMLA) had identified assets worth Rs.426.46 crore as alleged proceeds of crime. The agency claimed that government funds, construction materials and donations from contractors executing public works had been diverted to build the university campus.
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