ED Cracks Down on Al Falah University After Fraudulent Accreditation Scandal

The Enforcement Directorate has attached properties of Haryana's Al Falah University, worth Rs 140 crore, over money laundering allegations. Chairman Jawad Ahmad Siddiqui faces charges linked to fraudulent accreditation claims and illicit funds. The investigation revealed misuse of institutional funds by Siddiqui for personal and familial gain.

The Enforcement Directorate (ED) has taken significant action against Haryana's Al Falah University, attaching land and buildings valued at approximately Rs 140 crore. This development follows an investigation tied to the November Red Fort area blast in Delhi, with the ED filing a charge sheet against Al Falah Group chairman, Jawad Ahmad Siddiqui, and his charitable trust.

The ED's investigation traced a complex web of financial mismanagement and deception, centering on fraudulent claims of accreditation status by the educational institutions run by the Al Falah Trust. Properties, including schools, hostels, and university buildings, have been seized under the Prevention of Money Laundering Act, with officials estimating the illicit proceeds at Rs 493.24 crore.

Siddiqui, currently in custody, allegedly channeled over Rs 110 crore to family-controlled companies. Amid claims of false implication, the ED maintains that the funds were routed through entities owned by Siddiqui's family. A government-appointed receiver may oversee the university to ensure continuity of education while legal proceedings continue, according to ED officials.

(With inputs from agencies.)