LU marksheet racket kingpin amassed Rs 50cr

LUCKNOW: Kirodhan Prasad, the prime accused in the Lucknow University marksheet racket, had a fetish for all things good in existence. He and his relatives personal homes price over Rs 50 crore, together with 20 apartments, a fleet of 12 SUVs and a total Rs 68 lakh in 37 bank accounts, investigations so far have revealed.

Superintendent of police (Trans-Gomti) Amit Kumar stated Prasad charged the rest between Rs 1 lakh and Rs three lakh from every consumer. From a small space in Kalyanpur space of Lucknow in 2012 to 20 apartments in the state displays how he made a fortune in just eight years. “The money he earned in the racket was once invested in homes. We will connect all property paperwork in the fee sheet to be filed in court docket,” the officer stated.


A former LU clerk-rank employee, 38-year-old Prasad was once sacked in 2003 and had served 3 years in prison for forging marksheets. After serving his sentence, he returned with a bang, spreading his “trade” and recuiting a complete gang by 2011. The recruits had been mostly grade IV staff of more than a few universities. He paid them handsomely every month for stealing tabulation charts, that are required to prepare marksheets, police stated.

Documents seized from his Jankipuram hideout on Monday display Prasad co-owning along with his uncles and cousins the 20 apartments around the state, together with 12 in upmarket neighbourhoods of Lucknow akin to Vibhuti Khand, Gomtinagar, Vikasnagar, Indiranagar, Aashiana and Madiaon. He additionally has apartments registered solely in his name in Kanpur, Hardoi and Rae Bareli.


“The key accused (Prasad) is married and has two kids. His father too lives with him. However, he has no longer registered any property of their names. In maximum cases, his uncles and cousins are co-owners,” stated an officer. The police haul further includes registration certificate of 12 SUVs with numbers of Rae Bareli, Allahabad, Hardoi, Kanpur and Lucknow. “All are in his name. We are yet to search out the SUVs,” the officer added.


The 37 bank accounts in Prasad’s name are in numerous districts of the state. Clients had been told to deposit money for marksheets in these accounts, investigators stated.


Bangali Prasad, the father of the accused, was once additionally a contractual employee in LU who served from 1995 to 1999 in the examination division. But, his file was once blank. Younger brother of the accused, Yashodhan, is a businessman in Tamil Nadu.


LU marksheet racket kingpin amassed Rs 50cr LU marksheet racket kingpin amassed Rs 50cr Reviewed by Kailash on April 23, 2019 Rating: 5
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