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The Enforcement Directorate (ED) Hyderabad Zonal Office has provisionally attached assets worth ₹5.34 crore belonging to private medical colleges in connection with a case of cheating by blocking seats for PG medical admissions. The action was taken under the Prevention of Money Laundering Act (PMLA), 2002, based on an FIR registered by Matwada Police Station, Warangal.
The FIR was filed on a complaint by the Registrar of Kaloji Narayana Rao University of Health Sciences (KNRUHS). The complaint alleged that some private medical colleges, in collusion with consultants and middlemen, were blocking PG medical seats using certificates and documents of high-ranking students. These “blocked” seats were then released as “stray vacancies” after the mop-up round of counselling, allowing the colleges to fill them at much higher fees - up to three times the regular fees.
The investigation revealed that the colleges would sometimes even collect capitation fees in cash on top of these inflated fees. These excess fees and capitation fees are considered “Proceeds of Crime” in this case. The ED has attached bank balances of Chalmeda Ananda Rao Institute of Medical Sciences (₹3.
33 crore) and MNR Medical College (₹2.01 crore) in connection with this case. Earlier, the ED had seized unaccounted cash worth ₹1.
475 Crore and frozen bank balance worth ₹2.89 Crore from Malla Reddy Institute of Medical Sciences, bringing the total value of seized/frozen/attached assets in this case to ₹9.71 crore.
Further investigation is underway. Published - November 30, 2024 09:18 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit.
