Overview
- The Enforcement Directorate filed a PMLA prosecution complaint against chairman Jawad Ahmed Siddiqui and the Al-Falah Charitable Trust as its probe continues.
- Investigators provisionally attached about 54 acres of campus land in Dhauj, Faridabad, including buildings and hostels, valuing the assets at roughly Rs 139.97–140 crore.
- ED alleges the trust misrepresented NAAC and UGC 12(B) status to induce admissions and fees, quantifying suspected proceeds of crime at about Rs 493.24 crore.
- The agency says more than Rs 110 crore was routed to related entities, naming Amla Enterprises LLP, Karkun Construction & Developers and Diyala Construction & Developers, with outward remittances traced to Siddiqui’s family and overseas links under verification.
- Officials indicated arrangements to keep classes running, with state oversight or a receiver expected to manage operations as attachments move toward confirmation, while parallel terror probes tied to the Nov 10 Red Fort blast remain active.