Faridabad: Tightening its grip on the former management of the Al-Falah Charitable Trust having assets in Faridabad district, Enforcement Directorate (ED) on Tuesday provisionally attached movable and immovable properties valued at Rs 39.45 crore. The assets, belonging to trustee Jawad Ahmad Siddiqui, were attached under the Prevention of Money Laundering Act (PMLA), 2002.The Haryana govt has already taken over Al-Falah University, which is being managed by a senior bureaucrat serving as an administrator. The latest attachment includes Siddiqui’s residential premises in Jamia Nagar, Okhla (New Delhi) and agricultural land in Dhauj, Faridabad, adjacent to the university campus, demat holdings, bank balances and fixed deposits belonging to both Siddiqui and the Al-Falah Charitable Trust. The PMLA probe is based on three FIRs registered by the Delhi Police crime branch on Nov 13, 2025, for alleged cheating, forgery and criminal conspiracy under the Bharatiya Nyaya Sanhita (BNS), 2023—offences that constitute scheduled offences under the PMLA. The FIRs allege that Al-Falah University falsely projected expired NAAC A grade accreditations as valid and claimed a non-existent UGC Section 12B recognition. The Al-Falah School of Medical Sciences and Research Centre was allegedly found using “on-paper faculty” and “fake patients” to secure National Medical Commission (NMC) approvals. The ED filed a prosecution complaint against Siddiqui and the trust before a special PMLA court in Delhi on Jan 16. ED investigations revealed that the trust generated Rs 493.24 crore in proceeds of crime between FY 2016-17 and 2024-25 through these fraudulent activities. The funds were allegedly diverted to entities controlled by Siddiqui and his family, including Karkun Construction & Developers, Amla Enterprises LLP, and Diyala Construction & Developers Private Limited. These proceeds were then reportedly siphoned off to foreign destinations. In Jan, the ED attached land and buildings at the Al-Falah University campus valued at Rs 144.09 crore. Siddiqui was previously arrested by the agency and is currently in judicial custody. MSID:: 130086956 413 |
