New Delhi, Apr 7: The Enforcement Directorate has attached a house in Delhi’s Jamia Nagar, agricultural land in Faridabad, and several bank deposits, worth more than Rs 39 crore all told, as part of a money laundering probe against Al Falah Group chairman Jawad Ahmad Siddiqui, sources said on Tuesday.
A provisional attachment order has been issued by the federal probe agency to freeze these properties under the provisions of the Prevention of Money Laundering Act (PMLA).
The assets include a house in Delhi’s Jamia Nagar, agricultural land in the Dhauj area of Faridabad, and money stashed in some bank accounts and fixed deposits.
Sources told PTI that the total value of these assets is Rs 39.45 crore.
Siddiqui, 61, is currently lodged in jail.
The latest action against him came as part of a money laundering case linked to the alleged cheating of students of his educational institutions by misrepresenting the accreditation and recognition of his institutions.
Al Falah University, based in Haryana’s Faridabad, came under the scanner of probe agencies during an investigation into a ‘white-collar’ terror module linked to the November 10, 2025, Red Fort area blast in which 15 people were killed.
Siddiqui was arrested last year by the ED, which had earlier attached the land and building of the varsity worth about Rs 140 crore.
