ED Opposes Siddiqui Bail Over Al Falah 'Crime Proceeds' Fees

Jawad Ahmad Siddiqui helped run a university in India called Al Falah University.

The Enforcement Directorate, a special government agency that investigates money crimes, says the university collected fees from students by telling lies about a special approval called NAAC accreditation.

When money is made from doing something wrong, the law calls it 'proceeds of crime.'

The agency does not want Mr. Siddiqui to leave jail while the case continues.

They say a huge amount of money, Rs 159 crore, was secretly moved out of the country.

Some of the money went to Dubai, where his children live and where the family had a jewellery business called Jasma Jewellers LLC.

There was also a sad explosion at the Red Fort in November 2025, and some people who worked at the university's medical department are accused in that case.

A judge, Justice Saurabh Banerjee, listened to the agency's lawyers first.

Next, the court will listen to Mr. Siddiqui's lawyers before deciding.

Leaders of schools are trusted to use money for students, and the agency says he used it for himself and his family instead.