NEW DELHI: The Enforcement Directorate (ED) has filed a chargesheet against Jawad Ahmed Siddiqui, chairman of Faridabad-based Al-Falah University, and the family-run Al-Falah Charitable Trust in connection with a money laundering probe linked to the November 10 Red Fort terror attack, officials said on Friday.

Alongside the chargesheet, the ED attached assets worth ₹139 crore, including a 54-acre parcel of land within the Al-Falah University campus, under provisions of the Prevention of Money Laundering Act (PMLA).

Allegations of Financial Irregularities

Officials stated that the chargesheet contains strong evidence of alleged financial irregularities involving Siddiqui and his family. Investigations have revealed that firms controlled by the Siddiqui family received contracts for university construction and hostel catering, while the Al-Falah Charitable Trust reportedly acquired land using university funds.

Siddiqui was arrested by the ED on November 18, 2025, following allegations that the university made fraudulent claims about accreditation, misleading students, parents, and stakeholders for personal gain. According to the ED, the university and its trust allegedly generated proceeds of crime totaling ₹415.10 crore by inducing students and parents through false accreditation claims.

The probe into Siddiqui’s financial dealings is connected to a wider white-collar terror module investigation, in which over two dozen individuals, including three doctors, have been arrested by the National Investigation Agency (NIA)and Jammu and Kashmir Police. The university came under scrutiny after Umar-un-Nabi, a doctor associated with Al-Falah Medical College, carried out a suicide car bombing outside the Red Fort, killing at least 11 people.

Related-Party Transactions and Overseas Links

The ED investigation revealed multiple related-party fund diversions, particularly in the construction of the medical college and hospital complex in Dhauj, Faridabad. For instance, the firm Karkun Construction and Developers, executing the project, is 49% owned by Siddiqui’s children Afham Ahmed and Afiya Siddiqa, with 2% held by an employee.

Similarly, hostel catering contracts were awarded to Amla Enterprises LLP, in which Siddiqui’s wife holds 49%, his son 49%, and 2% by a former employee. A firm owned by Siddiqui’s brother, Star Foods, had supplied food items to the university until 2016. ED officials said these related-party transactions were not disclosed in income returns or statutory filings.

The probe also revealed that the Tarbia Education Foundation, linked to Siddiqui, acquired land in Delhi’s Madanpur Khadar village using diverted university funds.

On the overseas front, ED officials stated that Ennoble Education and Training Limited was incorporated in the UK in May 2025, initially with shares linked to Siddiqui’s children. Later, a UK-based close associate became a shareholder, and ED is verifying the details through appropriate channels.

Regulatory Violations and Settling Abroad

The investigation also found violations of regulatory norms, including those set by the National Medical Commission (NMC), UGC, and NAAC. Officials indicated that Siddiqui may have settled his family abroad, raising concerns about cross-border financial movements and asset transfers.

The ED has now filed the chargesheet, marking a significant step in the probe under the PMLA. The attached assets and the detailed evidence against Siddiqui and associated entities are expected to strengthen the ongoing investigation into financial irregularities tied to educational institutions with links to the Red Fort terror attack.