The Enforcement Directorate (ED) has filed a chargesheet against Jawad Ahmed Siddiqui, chairman of Faridabad-based Al-Falah University, along with the Al-Falah Charitable Trust, as part of a high-profile money laundering investigation linked to the November 10, 2025 terror attack near Delhi’s Red Fort. The federal agency has also attached assets worth ₹139 crore, including 54 acres of land within the university campus, under the Prevention of Money Laundering Act (PMLA), officials said on Friday.

The chargesheet, submitted this week, contains extensive evidence suggesting a systematic pattern of financial irregularities by Siddiqui and his family-run entities, authorities said. The ED has quantified the proceeds of crime (PoC) in the case at ₹493 crore, alleging that these were generated through fraudulent misrepresentation to regulators, students, and stakeholders, coupled with illicit fee collection practices.

According to ED sources, Siddiqui allegedly layered the PoC through multiple family-controlled entities, including Amla Enterprises LLP, Karkun Construction & Developers, and Diyala Construction and Developers Pvt Ltd. The agency also found foreign remittances exceeding ₹4 crore, directed to Siddiqui’s wife and son. The probe highlighted that over ₹110 crore of university funds were funneled through family-run firms.

An ED official involved in the investigation said, “We have observed organized layering and integration of suspected proceeds of crime into the educational and charitable structure at Al-Falah University, including fraudulent land acquisitions and diversion of charitable funds.”

Related-Party Transactions and Asset Diversion

Investigators identified multiple related-party transactions between the university and family-owned entities. Construction contracts for the university’s medical college and hospital were awarded to Karkun Construction & Developers, where Siddiqui’s children, Afham Ahmed and Afiya Siddiqa, hold 49% shares each. Similarly, catering contracts were given to Amla Enterprises LLP, largely owned by Siddiqui’s wife and son.

“The firms were effectively controlled by Siddiqui, yet these related-party dealings were not disclosed in statutory filings,” said a second ED officer. The agency also flagged diversion of university funds to acquire land in Delhi’s Madanpur Khadar village via Tarbia Education Foundation, another entity linked to Siddiqui.

International Links

The ED probe has indicated potential overseas connections involving Siddiqui’s children. According to filings, Afham and Afiya may hold dual nationality, possibly British, which is under verification. The investigation also identified a UK-based company, Ennoble Education and Training Ltd, initially linked to Siddiqui’s children, with subsequent shareholding changes to include a UK associate. Officials said, “There are indications that Siddiqui has settled family members abroad, raising questions regarding dual citizenship and overseas financial networks.”

Terrorism Connection

Al-Falah University came under scrutiny after the deadly Red Fort blast on November 10, 2025, when extremist doctors allegedly used the campus as a base for their activities. While the National Investigation Agency (NIA) is investigating the terrorism angle, ED’s probe focuses on money laundering and financial irregularities connected to the university and its charitable trust.

Siddiqui was arrested on November 18, 2025, on charges of money laundering tied to alleged cheating of students. During his remand hearings, ED argued that the university and trust generated proceeds of crime by misrepresenting accreditation and recognition, thereby inducing students and parents dishonestly.

Scope of the Investigation

The ED has been investigating Siddiqui and associated entities for several months. Officials said the probe revealed a well-organized financial network:

• Layering of funds through family-controlled entities
• Fraudulent land acquisitions
• Diversion of charitable and institutional funds
• Possible international financial links

The agency is also examining violations of multiple educational regulatory norms, including those of the National Medical Commission, University Grants Commission, and National Assessment and Accreditation Council, to assess the full extent of irregularities.

Background

Al-Falah University, established in Faridabad, runs multiple educational institutions, including medical and engineering colleges, under the Al-Falah Charitable Trust. The university gained prominence after it was allegedly linked to extremist activity in the Red Fort attack, bringing both security and financial scrutiny to the institution.

Next Steps

The charge sheet filed by ED marks a significant step toward prosecution under PMLA, and attached assets will help prevent further dissipation of illicit funds. Authorities are continuing to trace additional overseas transactions and verify dual citizenship claims, which may have implications for cross-border financial investigations.

The ED has emphasized that the chargesheet contains detailed evidence of organized financial manipulation, including paper trails, bank statements, property records, and corporate filings, which indicate intentional layering and concealment of illicit assets.

Significance

This case highlights the intersection of financial crime and national security, as the alleged misuse of educational institutions for criminal purposes directly links to broader concerns over terror financing and organized crime. Officials said that prosecuting such cases ensures accountability in the education sector, particularly in private universities and charitable trusts that handle substantial funds.

As the investigation unfolds, ED is expected to pursue further attachment of assets and investigation of domestic and foreign links, potentially leading to prosecution of associated family members and business entities involved in the laundering network.