The Enforcement Directorate (ED) on Friday attached assets worth around ₹140 crore belonging to Haryana-based Al Falah University, which had come under scrutiny following the November 10 blast near the Red Fort, officials said.
According to officials, about 54 acres of land of the university located in the Dhauj area of Faridabad, along with university buildings, hostels, and structures housing various schools and departments, have been provisionally attached under the Prevention of Money Laundering Act (PMLA). The properties are owned by the Al Falah Trust and have been categorised as “proceeds of crime”.Click Here To Follow Our WhatsApp Channel
The ED has also filed a charge sheet before a special PMLA court against Al Falah Group chairman Jawad Ahmed Siddiqui and the Al Falah Trust. Both have been named as accused, and the agency has sought their prosecution under the anti-money laundering law.
Siddiqui was arrested by the ED in November in connection with money laundering charges linked to alleged cheating of students. The agency has claimed that educational institutions run by the trust lacked valid accreditation and recognition, despite collecting large sums of money from students and parents.
Officials said the attachment was carried out to ensure that the alleged proceeds of crime are not sold, transferred, or disposed of during the ongoing investigation and trial. They added that once the provisional attachment becomes final, a government-appointed receiver may be assigned to manage the university campus so that students’ education is not disrupted.
During court proceedings in November, the ED alleged that the university and its controlling trust generated proceeds of crime amounting to at least ₹415.10 crore by dishonestly inducing students to enrol on the basis of false claims of accreditation.
The university’s role surfaced during investigations into a white-collar terror module, in which more than ten people, including three doctors, were arrested by the National Investigation Agency and Jammu and Kashmir Police.
One of the doctors associated with the university-cum-hospital, Dr Umar-un-Nabi, is alleged to have carried out a suicide attack on November 10 by ramming an explosive-laden car near the Red Fort, killing 15 people, officials said.
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