Story perspectives
ED attaches INR1,170 crore assets in university case
By Drooid · · How we work
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- The Supreme Court’s 2 February 2012 ruling cancelled 122 2G licences, calling the allocation unconstitutional and prompting the Enforcement Directorate to seize assets of former telecom minister A. Raja and firms worth about INR1,000 crore. That precedent guides today’s ED freeze of Mohammad Ali Jauhar University’s alleged INR426.46 crore from 45 Rampur plots, illustrating the use of large asset attachments in anti-money-laundering actions.
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