Al Falah Chairman Jawed Siddiqui Sent to 13-Day ED Custody in ₹415 Cr Laundering Case
A Delhi court on Wednesday remanded Jawed Ahmed Siddiqui , founder and chairman of the Al Falah Group, to 13 days of Enforcement Directorate (ED) custody in a significant money laundering probe. The order, issued by Additional Sessions Judge Sheetal Chaudhary Pradhan, underscores the gravity of the allegations and the necessity for custodial interrogation. Siddiqui was arrested late on November 18 under Section 19 of the Prevention of Money Laundering Act (PMLA), following searches across multiple premises linked to the Al Falah Group. The ED claims there is substantial evidence of “deception, misrepresentation, and movement of suspected proceeds of crime.” Financial Allegations and Misrepresentation The ED alleges that Al Falah University falsely claimed UGC recognition under Section 12(B) of the UGC Act, despite never applying for it and being ineligible for grants. According to the University Grants Commission (UGC), the institution is recognized only under Section 2(f) as a s...