Former Chancellor of Alliance University approaches court against ED Former Chancellor of Alliance University approaches court against ED

Digital Desk, Bangalore. The former Chancellor of Alliance University, Madhukar G., arrested by the Enforcement Directorate (ED). Angur has moved the Karnataka High Court challenging the lower order sending him to judicial custody. He has also filed a bail application which is yet to be heard.

Angur, in his first petition challenging the court order, has claimed that Section 167 of CrPC is applicable only to the police and does not apply to the agency. He has said in the petition that the case filed by the ED as well as the court under Section 167 of CrPC is not maintainable under law. In the petition filed through his lawyer, he has said that he has joined the investigation on every occasion and is not running away. He has accused the ED of misusing its powers.

The ED on Saturday arrested Madhukar G. Angur was arrested in connection with a money laundering case involving misappropriation of university funds by defrauding parents of around 4,500 students to the tune of Rs 107 crore. Earlier, the Bengaluru Police had registered four separate cases against Angoor under different sections of the Indian Penal Code. The ED had started money laundering probe on the basis of these FIRs registered against him. The ED found that he was allegedly involved in money laundering through various means.

Madhukar Angoor, Priyanka B.S. and Ravi Kumar, the three accused visited the campus of Alliance University, Bengaluru, between 2016 and 2017, through emails and notices to parents of students asking them not to deposit fees in the official accounts of Alliance University. Instead he asked the parents to deposit the fees of their children in the bank accounts illegally opened by Madhukar Angur and others in the name of Srivari Educational Services.

Thus the parents of around 4,500 students were forced to deposit fees in illegally opened bank accounts and an amount of Rs 107 crore was illegally paid by Madhukar Angur and others as tuition fees, hostel fees and other charges. Deposited. The accused was produced in Bengaluru on Saturday before the city civil and sessions judge and special judge for PMLA cases. The ED had sought judicial custody of the accused. After hearing the arguments of both the sides, the court handed him over to the ED on remand for seven days.

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(IANS)

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