ED Seizes Al-Falah University Assets Worth Rs 140 Crore in Faridabad
The Enforcement Directorate has taken decisive action against Al-Falah University. On Friday, the agency attached its extensive 54-acre campus in Faridabad. This property includes valuable buildings and a medical college. The total estimated value reaches Rs 140 crore.
Chargesheet Filed Against University Trustee
Simultaneously, the ED filed a formal chargesheet. It targets the university's trustee-chairman, Jawad Ahmed Siddiqui, and the institution itself. Siddiqui remains in judicial custody following his arrest on November 18. The arrest came after extensive searches across Delhi-NCR two months prior.
Terror Link Triggers Investigation
Security agencies first scrutinized the university after a shocking incident. On November 10, a faculty member and doctor, Umar un Nabi, carried out a suicide bombing. He detonated an explosives-laden car near the Red Fort. The attack resulted in the tragic deaths of 15 people.
Subsequent investigations by the NIA and Delhi Police led to more arrests. They captured other members of the terror module. Notably, most of those arrested were doctors connected to Al-Falah University.
Allegations of Massive Money Laundering
The Enforcement Directorate has leveled serious accusations. It claims the trustee and the Al-Falah Trust laundered over Rs 110 crore. These funds allegedly moved to family-controlled firms owned by Siddiqui.
In its official statement, the ED revealed further findings. "As of now, it has been found that the trust generated proceeds of crime of Rs 493 crore arising from scheduled offences," the agency stated.
Fraud in Educational Accreditation
The chargesheet details deceptive practices by the trust. It allegedly displayed false projections of an NAAC 'A' grade accreditation after its expiry. The trust also falsely projected UGC status. These actions deceived medical education regulators, including the NMC and DMER, Haryana.
Trustee's Dominant Control Exposed
Investigations uncovered Siddiqui's active role. "Active role of Jawad Ahmad Siddiqui has been found during investigation," the ED confirmed. He exercised dominant control over Al-Falah Charitable Trust, the university, and related entities. Authorities identified him as a key beneficiary of the unlawful proceeds.
The ED conducted searches at 19 premises as part of its PMLA probe. This extensive operation preceded Siddiqui's arrest, building the case that has now led to asset attachment and formal charges.
