Shillong, Oct 17: The Enforcement Directorate (ED) has filed chargesheet against Chandra Mohan Jha, his involved family members and close aides among others on proceeds of crime by resorting to scam related to distribution of fake mark sheets and degrees which was allegedly being done from the CMJ University.
When contacted on Thursday, the Special Public Prosecutor for the Enforcement Directorate, in Shillong, Advocate Nitin Khera confirmed it and added that all the accused are in the process of being summoned to face trial.
Earlier in July this year, ED’s, Guwahati Zonal office had provisionally attached assets worth Rs.7.56 crore under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in the case involving “fraud committed in issuance of degree certificates”, against CMJ University, Chandra Mohan Jha, his family members and others.
The attached assets are in the form of balances in their bank accounts, fixed deposits, insurance policies and a landed property.
The ED started investigation on the basis of FIR and charge-sheet filed by the CID Meghalaya under various sections of IPC, 1860 against CMJ University,Shillong, Chandra Mohan Jha, his family members, who were also trustees of CMJ Foundation and other persons for defrauding thousands of students by giving them fake degree certificates in return of money, according to an earlier statement of the ED.
Around 20,570 degrees were illegally issued by CMJ University.
ED investigation revealed that after selling the fake degrees, the funds so received
in their bank accounts, were diverted after rotating among bank accounts in various
banks and mutual funds maintained by the members of Jha family and given colour of
genuine transactions while also investing some of the funds in fixed deposits. The
Proceeds of Crime (POC) were also invested in landed properties.
Total POC has been quantified at Rs.83.52 crore, out of which ED had earlier attached properties worth Rs. 41.2 crore. Total attachment in this case till date stands at around Rs 48.76 crore, the ED had said in July.