“Sale of Fake Degrees” Comes under the Limelight; Rs 194cr Assets Attached by ED to Private University Owner

Manav Bharat University, in Himachal Pradesh, set up in 2009 by a trust promoted by Raj Kumar Rana, is allegedly involved in a scam for selling 36000 fake degrees.

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The University is set up in the year 2009 and this is the first-ever case in the country of this kind that the ED has attached both residential and commercial property and also land worth Rs 194 crore to the promoter Raj Kumar Rana. He has also made huge assets in seventeen states, including Rajasthan, Haryana, Punjab, and Kerala. The investigations have also started against the allegations of fake degrees.

Properties purchased by Rana

In the past decade, Rana had sold 36,000 fake degrees in Himachal Pradesh and also elsewhere in the country. And by selling these degrees, he had purchased properties worth hundreds of crores of rupees in his name and family members. The special investigating team has started probing into the fake degree case and has found that of the total number of degrees that have been issued by the university, only 5000 is found real so far. Even, it is estimated that Rs 440 crore properties belong to Rana and his family.

Related article: 24 Fake Universities Busted in India, Maximum from Uttar Pradesh and Delhi

Kind of “historical” case- reasons behind so

The 36,000 fake degrees which are detected from some of the 55 hard disks are being scanned so far by a special investigation team of the CID. According to the investigation team, the scam is likely to run into crores of rupees. The DGP even stated that the development was just the tip of the huge iceberg in a multi-crore rupee scam as it is found that the number of fake degrees is set to multiply with the scanning of the remaining 41 hard disks. This is the first kind of case in history as the ED has made a huge success by attaching the assets which belong to a single promoter of an institution.

The deep focus of the Special Investigation Team

The Special Investigation Team was trying its best to investigate properly in this money-laundering case. During the Covid pandemic also, their investigations were on. They were focused and were also trying to find out the evidence. In the end, they were successful in founding the evidence which was marked a huge success by the DGP. Still, their investigation is on and keeping in mind the future of the students, more revelations are also expected.

The PolicyTimes Suggestions

  • It is highly sorrowful how Rana has played with the future of the students. For a long time, by issuing fake degrees. He was filling up his pockets. This kind of culprit must be punished well so that no other person shows up the courage to do this again.
  • ED if investigates more in a high manner, then not only Rana but also many other culprits could come under the limelight in the money-laundering cases in other parts of India too.

Reference Articles

https://www.outlookindia.com/website/story/india-news-ed-attaches-rs-194cr-assets-of-private-university-owner-over-sale-of-fake-degrees/372700

https://www.news18.com/amp/news/india/ed-attaches-rs-194-cr-assets-of-manav-bharti-univ-group-in-hp-fake-degree-case-3362987.html

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"Sale of Fake Degrees" Comes under the Limelight; Rs 194cr Assets Attached by ED to Private University Owner
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Manav Bharat University, in Himachal Pradesh, set up in 2009 by a trust promoted by Raj Kumar Rana, is allegedly involved in a scam for selling 36000 fake degrees.
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The Policy Times
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