ED Poised to Attach Al-Falah University Over Money Laundering, Red Fort Blast Link

• The Enforcement Directorate (ED) is preparing to attach Al-Falah University in Faridabad, Haryana, under the Prevention of Money Laundering Act (PMLA).
• ED suspects illegal funds (proceeds of crime) were used in the construction of university buildings, particularly in the Dhauj area.
• The university came under central investigative agencies' radar after a car bomb blast near the Red Fort last year, leading to scrutiny of its financial transactions.
• Jawad Ahmed Siddiqui, Chairman of Al-Falah Group, was arrested by the ED last November on serious money laundering charges.
• ED alleges that Al-Falah Trust's educational institutions defrauded students by collecting fees without valid accreditation and used funds for other activities.

Why It Matters: ED is set to attach Al-Falah University for alleged money laundering and fraudulent activities, linked to the Red Fort blast.