Uttarakhand: ED attaches education trusts' Rs 5.62 cr asset in SC/ST scholarship 'scam'

A piece of land and the building of an educational trust worth Rs 5.62 crore in Uttarakhand’s Haridwar town have been attached under the anti-money laundering law as part of a probe into an alleged SC/ST scholarship scam in the state, the Enforcement Directorate said Saturday.

The assets belong to the Seth Bimal Prasad Jain educational trust which runs the Phonics Group of Institutions in Roorkee, the federal agency said in a statement.

It alleged that the Phonics Group of Institutions “fraudulently” received a huge amount of scholarship in the name of SC/ST students from the social welfare department, Haridwar, for the period 2011-12 to 2014-2015.