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1h ago

Al-Falah Founder Remanded to 13 Days’ ED Custody in Rs 415 Crore Money-Laundering Probe

Investigators say the university drew roughly Rs 415 crore by luring students with false accreditation claims.

Al Falah University and its parent body Al Falah group is under scanner as many of the suspects in Delhi blast case were linked to the university.
The Al Falah University in Faridabad. (HT Photo)
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Al Falah University’s founder Jawad Ahmed Siddique’s counsel claimed that the allegations against him were fabricated.

Overview

  • A Delhi court sent Jawad Ahmed Siddiqui to ED custody till December 1 after finding reasonable grounds of money laundering and noting the probe is at a nascent stage.
  • ED raids across Delhi–NCR seized about Rs 48 lakh in cash, digital records and documents, and flagged multiple shell firms, including nine registered at one address.
  • The agency alleges Al-Falah misrepresented NAAC status and UGC 12(B) eligibility; UGC says the university is listed only under Section 2(f) and AIU membership has been revoked.
  • Remand papers cite about Rs 415.10 crore in educational receipts since 2018–19 and allege diversion to family-linked companies through contracts for construction and catering.
  • The case stems from Delhi Police Crime Branch FIRs and includes scrutiny of possible overlaps with suspects in the November 10 Red Fort blast, with investigations continuing.