Bhubaneswar: A day after the Enforcement Directorate (ED) registered a money laundering case against SUM Hospital and Siksha ‘O’ Anusandhan University, the central agency Friday sought details of the organisation’s financial transactions.
ED sources said the agency has sought details of money collected from students of SOA University and patients admitted in SUM Hospital from 2005 to 2016.
“The central agency had registered a case October 27 against SUM and SOA under the Prevention of Money Laundering Act (PMLA) to examine the finances of the organisation. The agency has obtained a number of financial documents from the police and banks and will soon issue summons to those managing the trust and the hospital,” they added.
This comes after the Special Investigation Team (SIT) on black money directed ED to look into alleged money laundering by the hospital and the trust.
Police sources said Nayak was entangled in a controversy in 2000 when Joint Entrance Examination (JEE) authorities lodged a case of cheating, forgery and criminal conspiracy against him and others.
“JEE officials alleged Nayak, who owns a TV channel and a regional newspaper, along with his brother, would fraudulently claim that seats in their college were filled up although students left the institute for better colleges by virtue of having secured good ranks in JEE. However, the college would then admit low-performing students by charging exorbitant fees. Nayak had evaded arrest even though he was named in the chargesheet. He also managed to get a reprieve after the Orissa High Court quashed the case a few years later,” they added.
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