New Delhi, Nov 18 :
The Enforcement Directorate on Tuesday said it has arrested Jawad Ahmed Siddiqui, Chairman of the Al Falah Group, in connection with an ongoing money-laundering probe linked to alleged fraudulent accreditation and misleading claims made by Al-Falah University.
In a statementissued here , ED spokesperson said, Directorate of Enforcement (ED), has arrested Jawad Ahmed Siddiqui, Chairman of Al Falah group, under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002. The arrest took place today following a detailed investigation and analysis of evidence gathered during search action conducted at premises related to Al Falah group in the ongoing probe in an ECIR recorded by the ED under PMLA in connection with the Al Falah Group.
Statement reads, ED initiated investigation against Al Falah group on the basis of 2 FIRs registered by the Crime Branch, Delhi Police, based on the allegations that Al-Falah University, Faridabad, has made fraudulent and misleading claims of NAAC accreditation with an intention to deceive students, parents, and stakeholders for wrongful gain.
It has been further mentioned in FIR that Al-Falah University, Faridabad, has falsely claimed UGC recognition under Section 12(B) of the UGC Act, 1956 with oblique motive to cheat the aspirants, students, parents, guardians, stakeholders and general public to gain wrongfully and cause wrongful loss to them, it reads.
The UGC clarified that Al-Falah University is included only under Section 2(f) as a State Private University, has never applied for inclusion under Section 12(B), and is not eligible for grants under that provision, statement reads.