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.