The Enforcement Directorate (ED) has arrested Al Falah University Chairman Jawad Ahmed Siddiqui in a money laundering case. Earlier, ED raided 25 locations linked to Al Falah University and seized documents and digital evidence.
Who is Javed Siddiqui: The Enforcement Directorate (ED) has arrested Al Falah University Chairman Jawad Ahmed Siddiqui in a money laundering case. Earlier, ED raided 25 locations linked to Al Falah University and seized documents and digital evidence. The agency is also investigating whether this illegal money was used in terrorist activities.
Arrested after being found guilty of financial crimes
The arrest of Jawad Ahmed Siddiqui comes after he was found guilty of several financial crimes. The investigation has revealed crime proceeds worth crores of rupees, which were converted by the trust into family-owned entities. ED has also seized more than Rs 48 lakh in cash and many digital evidence.
Al-Falah made false and misleading claims regarding recognition
Let us tell you that ED had started investigation against Al-Falah Group on the basis of two FIRs registered by the Crime Branch of Delhi Police, in which it was alleged that Al-Falah University cheated students and stakeholders with the aim of earning unfair profits. Also made false and misleading claims regarding NAAC recognition. The UGC had said that the university is incorporated only as a state (Haryana) private university under Section 2(f). Even he never filed an application for incorporation under Section 12(B).