The recent developments surrounding the founder of Al-Falah University, Javed Ahmed Siddiqui, have captured public attention due to serious allegations of fraud. The connections between Siddiqui and the ongoing investigation into the tragic Delhi Red Fort car blast have raised numerous questions.
Al-Falah University Founder Jailed for Rs 7.5 Crore Fraud
Javed Ahmed Siddiqui, the founder and managing trustee of Al-Falah University, is under scrutiny following a significant investigation. This inquiry has drawn attention not only to Siddiqui’s past but also to his role in the broader context of recent violent incidents in Delhi.
Background of the Case
Siddiqui, who hails from Mhow in Madhya Pradesh, has been linked to various business ventures. His corporate network includes nine firms connected to the Al-Falah Charitable Trust. Among these, the Al-Falah Medical Research Foundation has been highlighted for employing individuals closely tied to terrorism-related activities.
Details of the Fraud Allegations
- Siddiqui was accused of fraud amounting to Rs 7.5 crore.
- The allegations involve fraudulent investment schemes encouraging deposits in his companies.
- Funds were reportedly diverted to personal accounts through forged documents.
- He was imprisoned for three years following these allegations.
The fraud case was originally registered at the New Friends Colony Police Station in Delhi. In early 2001, Siddiqui was arrested. The Delhi High Court refused his bail plea in March 2003, citing forensic evidence of forgery linked to share certificates. Siddiqui secured bail in February 2004 after agreeing to refund the defrauded investors.
Connections to Broader Investigations
Currently, Al-Falah University is facing investigations regarding its funding sources. The university’s legal advisor has denied any claims of fraud against Siddiqui and asserted that hiring practices fall under the Vice-Chancellor’s responsibilities.
Among the companies in Siddiqui’s network are:
- Al-Falah Investment (established in 1992)
- Al-Falah Medical Research Foundation
- Al-Falah Developers Pvt Ltd
- Al-Falah Software Pvt Ltd
- Al-Falah Energies Pvt Ltd
- Tarbia Education Foundation
Most of these firms were operational until 2019, after which they either ceased operations or became inactive. Meanwhile, the NAAC has launched an inquiry into the Al-Falah Medical Research Foundation, which transitioned from an engineering college to a larger educational institution.
Current Investigations and Developments
Recently, the Delhi police have raided Siddiqui’s office in Okhla as part of the ongoing investigations linked to new complaints. Reports suggest he may have targeted economically vulnerable individuals, promoting ‘halal’ investment schemes.
Impact of the Delhi Red Fort Car Blast
The investigation coincides with the Delhi Red Fort car blast, which resulted in the deaths of thirteen individuals. The blast was orchestrated by a terrorist associated with the Pakistan-based group Jaish-e-Mohammed, who aimed to execute a larger, multi-target attack. This tragic event has only heightened the urgency surrounding Siddiqui’s case.
The allegations against Javed Ahmed Siddiqui reveal a complex web of fraud and potential ties to terrorism, raising critical questions about oversight and accountability in institutions like Al-Falah University.
