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3 hours ago
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The Directorate of Enforcement (ED) has seized ₹1.37 crore cash during searches at 17 locations related to seat-blocking scam in private engineering colleges in Bengaluru.
“There is an extensive network of agents, educational consultancy service entities, which is used to bring students for admission from across India to these institutes. The admission in management quota seats is done mostly in an opaque manner based on extraneous considerations such as cash/money,” stated a press statement released by ED in connection with the raids.
The ED’s Bengaluru Zonal Office conducted search operations related to seat blocking scam in private engineering colleges on June 25 and 26 under the provisions of Prevention of Money-Laundering Act (PMLA), 2002.
The searches were conducted on the premises of BMS College of Engineering, Akash Institute of Engineering and Technology, New Horizon College of Engineering and persons associate with these institutions. The searches were also conducted at the premises of a few entities engaged in educational consultancy services and some private agents associated with the scam, reads the release.
Earlier, the ED initiated an investigation on the basis of an FIR registered by the Karnataka Examination Authority (KEA) against these institutions. It is alleged that these colleges colluded with unknown persons, obtained the log-in credentials of students registered with KEA, and blocked seats by opting for seats in their college in the names of students who were not actually going to take admission.
ED said that various incriminating documents related to money laundering activities and other digital devices have been found and seized. “The search proceedings have revealed evidence with respect to widespread seat blocking and use of cash/money in the admission process in popular professional courses in the private institutes,” said the release during the search operations.
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