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Red Fort Blast: ED Arrests Al Falah Chairman Jawad Ahmed Siddiqui in Money Laundering Case — Details Here
Jawad Siddiqui was arrested for money laundering involving trust funds diverted to family companies and possible terror funding, ED said after searches at 19 locations.
- On Tuesday, the Enforcement Directorate arrested Jawad Ahmed Siddiqui, founder of Al Falah University, under section 19 of the Prevention of Money Laundering Act amid a November 10 Delhi blast probe.
- The ED launched its investigation after two FIRs from the Delhi Police Crime Branch alleged Al Falah University falsely claimed NAAC accreditation and recognition under section 12 B.
- Searches at nineteen locations uncovered over Rs 30 lakh, devices and documents tied to shell companies, with funds allegedly diverted to family-owned companies linked to Al Falah University, the ED said.
- ED officials say Jawad Ahmed Siddiqui exercised effective control over the Al Falah Charitable Trust, and action followed key evidence recovered in searches, exposing the university group to reputational risks.
- The Al Falah Charitable Trust was established on September 8 1995 and Siddiqui has been a trustee since its founding, while the Al Falah Group expansion since the 1990s raised accountability questions.
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Al Falah University Founder Arrested In Money Laundering Case
Jawad Ahmed Siddiqui, the founder of Al Falah University - the epicentre of terror module behind the Delhi blast, was arrested by the Enforcement Directorate in connection with a terror financing-linked money laundering case on Tuesday.
·New Delhi, India
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Times of IndiaReposted by 
The Economic Times
The Economic TimesED arrests Al-Falah University chief Jawad Siddiqui in money-laundering case amid Delhi blast probe
The Enforcement Directorate has arrested Al-Falah Group chairman Jawad Ahmed Siddiqui in its money-laundering probe linked to the Delhi blast investigation. The action follows evidence gathered during searches across 25 locations, revealing alleged diversion of crores through shell companies, fake NAAC and UGC 12(B) claims, and contracts routed to family-owned firms. The probe stems from FIRs accusing Al-Falah University of misleading students f…
·India
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Total News Sources20
Leaning Left4Leaning Right4Center1Last UpdatedBias Distribution45% Left, 44% Right
Bias Distribution
- 45% of the sources lean Left, 44% of the sources lean Right
45% Left
L 45%
11%
R 44%
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