What’s inside:
This article covers the recent raids by the Enforcement Directorate on Al-Falah University in Faridabad, its financial irregularities, and related investigations.
The Enforcement Directorate (ED) has conducted raids at Al-Falah University in Faridabad and 25 other locations in Delhi, including Okhla-Jamia Nagar. These actions began early on Tuesday morning as part of an investigation connected to financial irregularities.
The university is being investigated for suspected financial misconduct, including the use of shell companies and money laundering. The raids are focusing on nine companies linked to the university, which are believed to be operating from the same address without any physical presence.
During the investigation, officials found things like missing staff records, identical contact details across different companies, and questionable financial transactions. These red flags suggest that the companies may be involved in hiding suspicious activities.
Additionally, there are concerns about the university’s claims regarding its recognition from UGC and NAAC, which are also being looked into. The police have issued summons to the university’s chairman, Javed Ahmed Siddiqui, as part of a larger investigation related to a recent blast near the Red Fort.
As the investigation unfolds, the administration has discovered illegal constructions at the university. There are plans to take further action, which may include demolishing these unauthorized structures soon.
Summary:
- ED has raided Al-Falah University and 25 locations in Delhi.
- The university faces allegations of financial irregularities and money laundering.
- Investigations reveal many companies linked to the university show suspicious signs.
- Concerns about UGC and NAAC recognition are being investigated.
- Illegal constructions at the university may soon face demolition.
