The Enforcement Directorate (ED) conducted large-scale raids on Tuesday morning at several locations associated with Al-Falah Trust located in Okhla area of Delhi and Al-Falah University in Faridabad. These raids are being conducted in a case of money laundering (PMLA), in which the university and its owner-managers are accused of serious financial irregularities.
According to sources, ED simultaneously raided 25 locations of Al-Falah Trust, including its Okhla headquarters, university campus and private residences of the operators. ED teams have been deployed since morning in Delhi’s Jamia Nagar, Okhla Vihar and Faridabad’s Sector-22 campuses. Also, ED has registered a PMLA case regarding financial irregularities related to Al Falah and its owners.
Raids at several locations
According to sources, the ED team has seized documents, details of bank accounts, laptops, mobile phones and other digital devices. The raid is still going on and more locations are likely to be raided by evening.
At the same time, in view of the ED action, Delhi Police and local administration have increased security in the entire area. There has been no official confirmation of anyone’s arrest in this case yet, but sources in the investigating agency say that big revelations may be made soon.
ED had registered a case against Al-Falah University and its owners under the Prevention of Money Laundering Act (PMLA) a few months ago. It is alleged that illegal funding worth crores of rupees was done in the name of the university and trust, rules of foreign donation were violated and black money was converted into white through misuse of assets.
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