Enforcement Directorate lodges money laundering case against Dubai-based NRI

The ED  has launched a money laundering case against Dubai-based NRI CC Thampi under the PMLA for alleged wrongful approval of an engineering college in Thrissur district in Kerala by the All India Council for Technical Education (AICTE). A notice has also been served to Thampi for alleged foreign exchange violation to the tune of INR 288 crore. ED has booked Thampi on the basis of an FIR lodged by CBI on December 28, 2009.