ED Raids Al Falah University, Founder Arrested Over Money Laundering and Fake Accreditation Scam | India News
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A Haryana-based university, Al Falah, has come under scanner following a series of explosive events in Faridabad and a deadly blast near Delhi's Red Fort. The university is facing allegations of fraudulent claims of accreditation and financial irregularities. The Enforcement Directorate (ED) has arrested Jawad Ahmad Siddiqui, chairman of Al Falah group, in connection with a money laundering case. The probe agency had earlier summoned Siddiqui for questioning over inconsistencies in the university's functioning and activities of individuals associated with it. The ED's investigation has revealed that the university made false claims of National Assessment Accreditation Council (NAAC) accreditation to deceive students, parents, and stakeholders. The probe agency has also found that the university generated large amounts of proceeds of crime, with evidence suggesting that crores of rupees were diverted to family-owned entities. During searches at Siddiqui's premises, the ED seized ₹48 lakh in cash, digital devices, and financial records pointing to the alleged diversion of proceeds of crime. The agency has also raised questions over the awarding of contracts to companies tied to Siddiqui's family members, with several entities showing indicators of being shell companies. The ED's investigation is ongoing, and the university is facing scrutiny over its financial dealings and links to suspects in the Delhi car blast case. The probe agency has initiated a probe against the Al Falah group based on two FIRs registered by the Crime Branch of Delhi Police.
