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New Delhi: The Enforcement Directorate (ED) on Tuesday attached properties worth ₹39.45 crore under the Prevention of Money Laundering Act (PMLA) in connection with its probe against Al-Falah Charitable Trust and its chairman and managing trustee Jawad Ahmad Siddiqui.
The attached assets include Siddiqui’s residential premises in Jamia Nagar, Okhla (Delhi), agricultural land in Dhauj village (Faridabad) near the Al-Falah University campus, along with demat holdings, bank balances and fixed deposits linked to Siddiqui and the trust.
Siddiqui, who the ED arrested on March 24 from Tihar Jail, is currently in judicial custody. The arrest pertains to another money-laundering case involving the alleged use of forged documents to acquire land worth around ₹45 crore in Delhi’s Madanpur Khadar area. He was already lodged in jail in connection with earlier ED and Delhi Police investigations linked to the trust.
The present PMLA investigation stems from three FIRs registered by the Delhi Police on November 13, 2025, invoking charges of cheating, forgery, and criminal conspiracy under the provisions of the Bharatiya Nyaya Sanhita (BNS), which qualify as scheduled offences under the anti-money laundering law.
According to the ED, Al-Falah University—promoted by the trust—allegedly misrepresented its credentials by projecting expired NAAC ‘A’ grade accreditation as valid and falsely claiming recognition under Section 12B of the UGC Act. Additionally, the Al-Falah School of Medical Sciences and Research Centre is alleged to have engaged in malpractice, including the deployment of “on-paper faculty” and “fake patients” to obtain approvals from the National Medical Commission (NMC).
The agency has already filed a prosecution complaint (chargesheet) before a PMLA court in Saket on January 16 against Siddiqui and the trust.
Investigations have revealed that the trust and its associated university allegedly generated proceeds of crime amounting to ₹493.24 crore between 2016-17 and 2024-25 through these activities. The ED said the funds were subsequently diverted to entities controlled by Siddiqui and his family, including Karkun Construction & Developers, Amla Enterprises LLP and Diyala Construction & Developers Pvt Ltd, and further siphoned off to foreign destinations.
Earlier this year, on January 16, the ED had attached assets worth ₹144.09 crore, including land and buildings at the Al-Falah University campus in Dhauj, Faridabad. Officials said the latest attachment is part of the ongoing probe aimed at tracing and securing proceeds of crime generated through alleged fraudulent activities.
