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ED attaches Rs 5.7 crore assets in UP post-matric scholarship scam

The Daily Guardian

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March 15, 2024

Enforcement Directorate (ED) has attached properties worth Rs 5.7 crore under the provisions of Prevention of Money Laundering Act (PMLA) in the Uttar Pradesh post-matric scholarship scam, the agency said on Thursday.

ED attaches Rs 5.7 crore assets in UP post-matric scholarship scam

The attached properties are the college buildings of the SS Institute of Management based in Baksi Ka Talab area in Uttar Pradesh's capital, Lucknow, the ED said.

As per the federal agency, this is the fourth attachment in the case. Total accumulated attachments along with this fresh attachment stand at Rs 15.7 crore, it said.

The SS group of institutes owns and runs schools and colleges under the name SS in Lucknow city. In these colleges, various management courses (BBA and MBA) are being conducted.

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