New Delhi, April 7: The Enforcement Directorate (ED) has temporarily frozen assets worth ₹39.45 crore belonging to the Al-Falah Charitable Trust, based in Faridabad, and its managing trustee, Jawad Ahmad Siddiqui, under the Prevention of Money Laundering Act (PMLA).
The frozen assets include Siddiqui’s residential property located in the Jamia Nagar area of Delhi, agricultural land near Al-Falah University in Dhauj village, Faridabad, as well as the trust’s and Siddiqui’s demat accounts, bank balances, and fixed deposits.
The ED’s investigation is based on three First Information Reports (FIRs) filed by the Delhi Police. These include two FIRs from the Delhi Crime Branch (numbers 337/2025 and 338/2025, both registered on November 13, 2025) and one FIR from the Palam Police Station in southwest Delhi (number 0021/2026, registered on January 10, 2026). The FIRs allege fraud, forgery, criminal conspiracy, and various provisions of the Indian Penal Code, which are considered scheduled offenses under the PMLA.
It is alleged that Al-Falah University misled students and parents by falsely claiming its expired NAAC ‘A’ grade accreditation was still valid. Additionally, the university claimed to have UGC Section 12B recognition that it never received. Furthermore, the university’s Medical Sciences and Research Center allegedly used fake faculty and fictitious patients to obtain approval from the National Medical Commission (NMC).
The ED’s investigation revealed that the trust and university earned a total of ₹493.24 crore in ‘proceeds of crime’ through these fraudulent activities from the financial year 2016-17 to 2024-25. This money was transferred to companies controlled by Jawad Ahmad Siddiqui and his family, including Karkun Construction and Developers, Amala Enterprises LLP, and Diyala Construction and Developers Private Limited.
The funds were later sent abroad. Earlier, on January 16, 2026, the ED had frozen land and buildings of Al-Falah University in Dhauj worth ₹144.09 crore. On the same day, the ED filed a prosecution complaint against Jawad Ahmad Siddiqui and the Al-Falah Charitable Trust in the special PMLA court in Saket, Delhi.
Jawad Ahmad Siddiqui has already been arrested and is currently in judicial custody. The ED stated that these asset freezes are part of the investigation into proceeds of crime, which is still ongoing, with further information on assets and transactions being gathered.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
