Overview
- Jawad Ahmed Siddiqui was arrested under the Prevention of Money Laundering Act and sent to Enforcement Directorate custody until December 1 after a late‑night Delhi court hearing.
- Investigators allege about ₹415.10 crore in proceeds of crime were generated between 2018–25 through misrepresented NAAC status and UGC eligibility, which the UGC says the university did not hold under Section 12(B).
- Raids across Delhi‑NCR seized about ₹48 lakh in cash along with digital devices and records, and officials say multiple shell firms were used as funds flowed to entities linked to Siddiqui’s wife and children.
- The court cited the gravity of the alleged offences and the nascent stage of the probe, while the ED argued Siddiqui posed a flight and evidence‑tampering risk due to control over staff and family ties in Gulf countries.
- Parallel probes by Delhi Police, the NIA and J&K Police continue to examine whether university personnel and facilities were used in plotting the November 10 Red Fort area car blast.