New Delhi: In a significant revelation, the Enforcement Directorate (ED) on Saturday disclosed that admissions under the management quota at three private engineering colleges in Bengaluru were being conducted through unaccounted cash transactions. The agency described the process as “non-transparent” and financially dubious.
According to officials, the ED initiated an investigation under the Prevention of Money Laundering Act (PMLA) and found that large sums of money, including cash payments, were exchanged in return for engineering seats. The probe indicates that the admissions were facilitated by bypassing standard procedures and leveraging financial influence, raising serious concerns about the integrity of the educational process.
The agency is continuing its investigation and is expected to summon college officials and middlemen involved in the alleged scheme. The findings raise alarms over systemic issues in higher education admissions, especially in private institutions across Karnataka.
More details are awaited as the ED expands its probe into the nexus between college managements and admission agents.
