Medical seat scam: ED attaches four properties of Madhan

Chennai | Friday | 30th June, 2017

Summary:

The management of the college had denied any involvement with him, the ED said in a statement.Madhan is currently lodged in Puzhal Central Prison here. CHENNAI: The Enforcement Directorate on Friday provisionally attached four immovable properties of B Madhan of Vendhar Movies, who is an accused in the medical seat scam.The four properties worth Rs 6.35 crore have been attached under the provisions of the Prevention of Money Laundering Act.They include two houses at Saligramam and Vadapalani in Chennai and two other properties in Kollam in Kerala.All the properties are believed to be 'proceeds of crime' since Madhan could not show any legitimate source of income used to procure them, the ED said in a statement.He has been accused of collecting around Rs 91 crore from 133 parents by promising seats to their children in SRM Medical College in Chennai..