ED arrested Al Falah University founder Javed Ahmed Siddiqui, cash worth lakhs recovered

Javed Ahmed Siddiqui, founder of Al Falah University, has been arrested by the Enforcement Directorate (ED). Javed Ahmed Siddiqui has been arrested in money laundering case. The Enforcement Directorate (ED) on Tuesday arrested Al Falah Group Chairman Javed Ahmed Siddiqui under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002. This action has been taken on the basis of important information and evidence obtained during raids on locations associated with Al Falah Group.

Delhi Crime Branch had registered 2 FIRs

ED had started this investigation on the basis of two FIRs, which were registered by Delhi Police Crime Branch. The FIR alleged that Faridabad’s Al Falah University had wrongly claimed to have NAAC accreditation.

gave false information about recognition

False information was given about recognition under Section 12(B) of UGC. UGC has clarified that Al Falah University is listed only as a state private university under section 2(f). He has never applied for recognition under 12(B).

These things were recovered in the raid

The Enforcement Directorate team in Delhi on Tuesday raided 19 places, in which Al Falah University and the houses of important people associated with this trust were raided. Cash has been recovered during the raid. More than Rs 48 lakh in cash, several digital devices, important documents and evidence of several shell companies have been recovered.

Know why this arrest took place?

On the arrest of the founder of Al Falah University, ED says that Javed Ahmed Siddiqui actually controls the trust and its financial decisions. The evidence found shows that they hid the money earned from crime and diverted it in various ways. On the basis of this evidence he was arrested after completing the legal process.

How does this trust work?

Al-Falah Charitable Trust was established on 8 September 1995. Javed Ahmed Siddiqui has been the trustee of this trust since day one and he actually controls the entire group. The university and all its affiliated colleges come under this trust. The Trust and the Group have expanded very rapidly since the 1990s, but this growth has not matched their real/normal financial capacity.

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