ED arrests Al-Falah University founder in money laundering probe |
New Delhi: The Enforcement Directorate on Tuesday arrested Jawad Ahmed Siddiqui, founder of Al-Falah University and the chairman of the Al-Falah Group, under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002.
The agency took him into custody after evaluating evidence seized during searches at locations linked to the group as part of an ECIR-based investigation.
The ED probe was launched after the filing of two FIRs by the Delhi Police Crime Branch. According to reports, Al-Falah University misrepresented its accreditation status to mislead students and secure wrongful gains. The institution falsely claimed to hold NAAC accreditation and presented itself as recognised under........