The Enforcement Directorate (ED) has attached assets worth ₹39.45 crore belonging to Al-Falah University's chairman Jawad Ahmad Siddiqui and Al-Falah Charitable Trust in connection with the Delhi blast case.
The agency said it has attached residential premises, agriculture land, demat holdings, bank balances, and fixed deposits of both Siddiqui and the trust under the Prevention of Money Laundering Act (PMLA).
A charge sheet was filed in January this year naming Siddiqui and the trust, alleging they generated ₹493.24 crore as proceeds of crime from FY 2016-17 to 2024-25.
The ED said the proceeds were diverted to entities controlled by Siddiqui and his family members, including Karkun Construction and Developers, Amla Enterprises LLP, and Diyala Construction and Developers Pvt Ltd.
This is the second time the ED has attached assets linked to Al-Falah University, with ₹144.09 crore worth of land and building already frozen in January.
