Overview
- Additional Sessions Judge Sheetal Chaudhary Pradhan ordered custody until December 1 after a late-night hearing following the November 18 arrest.
- The agency alleges proceeds of crime of about ₹415.10 crore from FY 2018–19 to 2024–25, saying receipts were collected while NAAC and UGC status was misrepresented.
- Coordinated searches across roughly 19–25 Delhi-NCR locations yielded about ₹48 lakh in cash, digital devices and records, and identified at least nine suspected shell companies at a single address.
- Investigators say construction and catering contracts flowed to firms of Siddiqui’s wife and children, and that he exercised de facto control over the trust’s records and staff.
- The money-laundering case runs alongside the Red Fort blast investigation that has drawn scrutiny to Al-Falah personnel and facilities, while the defence calls the allegations fabricated.