ED Freezes Assets Worth Rs 39 Crore Linked to Al-Falah Trust and Chairman
Synopsis
In a significant move, the Enforcement Directorate has attached assets worth Rs 39.45 crore linked to the Al-Falah Charitable Trust and its Chairman, Jawad Ahmad Siddiqui, amidst allegations of money laundering and fraudulent practices in education.
Key Takeaways
ED seized assets worth Rs 39.45 crore from Al-Falah Charitable Trust.
Chairman Jawad Ahmad Siddiqui is under judicial custody.
Investigation relates to money laundering and fraudulent educational practices .
Allegations include misuse of educational accreditations.
Assets include residential properties and agricultural land.
New Delhi, April 7 (NationPress) The Enforcement Directorate (ED) has seized assets, both movable and immovable, valued at Rs 39.45 crore belonging to the Al-Falah Charitable Trust and its Chairman, Jawad Ahmad Siddiqui. An official confirmed this on Tuesday.
As stated by the ED's High Intensity Unit, the attached assets include Siddiqui's residential property located in Jamia Nagar, Okhla in Delhi, agricultural land in Dhauj village of Faridabad near the Al-Falah University Campus, as well as demat holdings, bank funds, and fixed deposits connected to Siddiqui and the Trust.
On Saturday, a court in Delhi ordered that Siddiqui be held in judicial custody for 14 days due to a money laundering investigation linked to the illegal acquisition of Rs 45 crore in land.
The investigation under the Prevention of Money Laundering Act (PMLA) originated from three FIRs filed by the Delhi Police.
The FIRs include one dated November 13, 2025, a second from the Crime Branch on the same date, and a third from Palam Police Station dated January 10, 2026.
All FIRs allege offenses including cheating, forgery, and criminal conspiracy, which fall under the Bharatiya Nyaya Sanhita, 2023 and are considered Scheduled Offenses under the PMLA of 2002.
The ED has accused the Al-Falah University, backed by the Al-Falah Charitable Trust, of misleadingly presenting expired NAAC 'A' grade accreditations and falsely claiming non-existent UGC Section 12B recognition.
Additionally, the Al-Falah School of Medical Sciences and Research Centre was found to be involved in fraudulent practices, including fabricating faculty and utilizing 'fake patients' to obtain National Medical Commission (NMC) approvals.
The ED submitted a charge sheet on January 16 to the Special Court (PMLA) at Saket, implicating Siddiqui and the Al-Falah Charitable Trust.
Investigations indicated that the Trust/University generated approximately Rs 493.24 crore in proceeds of crime between FY 2016-17 and 2024-25 through these offenses.
These illicit proceeds were allegedly funneled into companies controlled by Siddiqui and his relatives, such as Karkun Construction and Developers, Amla Enterprises LLP, and Diyala Construction and Developers Private Limited.
The ED also reported that these diverted funds were transferred to foreign accounts.
On January 16, the ED seized land and buildings at the Al-Falah University Campus in Dhauj, valued at Rs 144.09 crore.
These asset seizures are part of an ongoing investigation into the proceeds of crime associated with the aforementioned offenses, according to the official statement.
Point of View
The investigation into the Al-Falah Charitable Trust sheds light on the critical issue of accountability in educational institutions. It raises questions about the integrity of charitable organizations and their role in society. The actions taken by the ED reflect a necessary step toward transparency and justice.
NationPress
16 Jul 2026
Frequently Asked Questions
What prompted the ED to attach assets of the Al-Falah Trust?
The Enforcement Directorate initiated action based on allegations of money laundering and fraudulent activities related to the acquisition of land and misrepresentation of educational accreditations.
Who is Jawad Ahmad Siddiqui?
Jawad Ahmad Siddiqui is the Chairman and Managing Trustee of the Al-Falah Charitable Trust, which has been implicated in a money laundering investigation.
What types of properties were attached by the ED?
The ED attached both movable and immovable properties, including residential properties, agricultural land, bank accounts, and financial holdings.
What are the implications of this investigation?
The investigation could lead to significant legal consequences for those involved and raises important questions about governance and accountability in educational institutions.
