Al-Falah University ‘raked in’ Rs 415 crore from fees: ED to Delhi court
Chairman of Al-Falah Group, Jawad Ahmed Siddiqui, has been remanded to 13 days ED custody in a money laundering case. The ED alleges Al-Falah institutions generated Rs 415 crore through misrepresented accreditation, with funds allegedly obtained via cheating and forgery. Custodial interrogation is deemed necessary to trace further proceeds and prevent asset dissipation.
Chairman of Al-Falah Group, Jawad Ahmed Siddiqui, has been remanded to 13 days ED custody in a money laundering case. The ED alleges Al-Falah institutions generated Rs 415 crore through misrepresented accreditation, with funds allegedly obtained via cheating and forgery. Custodial interrogation is deemed necessary to trace further proceeds and prevent asset dissipation.
