ED Raids 10 Premises Linked to Maulana Mohammad Ali Jauhar Trust
The Enforcement Directorate (ED) on Wednesday conducted a series of raids at 10 premises in Rampur, Saharanpur, and Delhi as part of its ongoing money-laundering investigation into the Maulana Mohammad Ali Jauhar Trust and Mohammad Ali Jauhar University, Rampur.
The searches were carried out under Section 17 of the Prevention of Money Laundering Act (PMLA), 2002, according to a source close to the investigation.
The probe relates to the alleged diversion of government contract funds through private contractors and their subsequent use, including those for the creation of assets linked to the university and the trust.
According to the source, the probe has also brought to light financial transactions between certain contractors and the trust.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
SeenTick is a digital news platform bringing you the latest and most important stories from India and around the world. Explore news and updates across politics, business, technology, AI, gaming, health, sports, entertainment, science and more.
Comments (0)