By Admin 
After arresting Chairman Jawad Ahmed Siddiqui in the big scam related to Al-Falah University, ED has obtained 13 days custody from the court. This action has been taken on the charges of cheating students by showing them fake recognition and earning crores of rupees. The ED team had arrested Jawad Siddiqui from his house at around 11 pm on 18th November.
The reason for the arrest and all the documents were given to his lawyer and his wife. ED has made this arrest under Section 19 of PMLA. Delhi Crime Branch had registered two FIRs on November 13, in which it was alleged that the university showed fake NAAC recognition and declared itself recognized under Section 12B of UGC, whereas UGC had clearly said that the university never got this recognition.
‘Earned Rs 415 crore from false claims’
According to ED, all this was done to collect admission and fees by misleading the students and their families. Taking these allegations as the basis, ED started investigating money laundering. ED has claimed that Rs 415 crore, earned through false claims, came in the years when the university neither had NAAC recognition nor UGC 12B recognition. Meaning, admission and fees were taken from the students by giving wrong information. Therefore, ED has described this amount as Proceeds of Crime i.e. money earned from crime.
Jawad Siddiqui’s role revealed
Investigation also revealed that many times this money was sent to the accounts of companies and contractors related to the family. According to ED, the CFO of the university clearly said in his statement that all major financial decisions were taken by Chairman Jawad Siddiqui himself. Complete control of the financing of trusts, universities and colleges was in his hands. ED called this a big proof of the direct role of Jawad Siddiqui.
The lawyer appearing for ED told the court that a lot of work still remains to trace the money trail completely. It is important to secure many records and digital data. The accused can influence the witnesses. Many members of his family live abroad. Therefore there is also a danger of running away.
What did Jawad Siddiqui’s lawyer say?
Jawad Siddiqui’s lawyer said that the FIR itself is fake, hence ED should be given custody for only 7 days and not 14 days, but the court did not accept this argument. The court said that this matter is very serious. The investigation is in the initial stage and ED has many documents and people left to interrogate. On this basis, the court sent Jawad Ahmed Siddiqui to ED custody for 13 days.
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