Lucknow (Uttar Pradesh) [India], Enforcement Directorate (ED), Lucknow Zonal Office has provisionally attached immovable properties worth Rs. According to an official release, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in the Rs 4.8 crore post matric scholarship scam, the properties attached are the college building of Dr. Om Prakash Gupta Institute of Management and Technology, Farrukhabad. . UP ED initiated investigation based on intelligence input and based on the FIR lodged by UP Police in scholarship scam against the accused persons. According to the release, the ED investigation revealed that settlors, managers and trustees of some trusts/college showed fake nominations. “All the formalities and paperwork in this regard were done by the managers/employees of the colleges themselves.The scholarships so received were transferred to the accounts of the colleges and thereafter the cash was withdrawn or transferred to individual accounts, resulting in embezzlement of government funds amounting to crores of rupees by depriving the needy and genuine students," it said. Earlier, Shivam Gupta, Chairman and Key Managing Person of Dr. Om Prakash Institute had said. The management and technology executive was arrested by the ED at Lucknow airport on March 1, 2024, while trying to fly to Dubai. Six people have been arrested so far in the case. Further, four provisional attachment orders amounting to approximately Rs. The movable and immovable properties were confiscated. Rs 15.6 crore has already been released in the names of managers and trustees of various colleges. One prosecution complaint and two supplementary prosecution complaints in the case have already been filed against five accused before the special PMLA court.''Earlier, during the search in the month of February 2023, cash and bank balance of Rs 93 lakh belonging to Dr. Om was found.'' Prakash Institute of Management Technology frozen/attached under the provision of PMLA, 2002 I went. This is the fifth attachment in this case. The total amount attached with this PAO is Rs 20.43 crore." In progress.