ENFORCEMENT DIRECTORATE · ASSETS PROVISIONALLY ATTACHED
OFFICIAL RECORD CARD · HIMACHAL PRADESH
Arni University, Kangra — ED Attachment
ED Press Release dated 06.10.2021 · 06.10.2021KEY FACTS FROM THE DOCUMENT
Attached
University, land and buildings of Arni University, Kangra
Rs. 112.36 Cr
Assets attached on 06.10.2021
Rs. 103.73 Cr
Earlier attachment, 20.07.2020 (confirmed, PMLA)
Rs. 216.09 Cr
Total attachment in the case
16
Locations searched
In progress
Further investigation, per ED
TIMELINE
Aug 2017BIKEBOT investment plans floated
Early 2019Collections and repayments continue till early 2019
20 Jul 2020ED attaches Rs 103.73 Crores
06 Oct 2021ED attaches Rs. 112.36 Crore incl. Arni University assets
VERDICT
Arni University's land and buildings were attached in a money-laundering probe
ED said scam funds were diverted to buy properties and take control of trusts running institutes. The release does not address the university's recognition or degrees.
Scope: Based only on the Enforcement Directorate press release dated 06.10.2021. A provisional attachment is not a conviction; outcome not recorded.
Kamesh — RTI Activist & Education Fraud Investigatoreducationfraudcheck.com