India, April 8 -- The Enforcement Directorate (ED) on Tuesday attached assets worth '39.45 crore belonging to Jawad Ahmad Siddiqui, chairman of the Al-Falah Group, and the Al-Falah Charitable Trust.

The provisional order under the Prevention of Money Laundering Act (PMLA) freezes a residential house in Delhi's Jamia Nagar, Okhla area, agricultural land at Dhauj village in Faridabad, adjacent to the university campus, Demat holdings, bank balances and fixed deposits.

The action forms part of the first money laundering case registered by the ED against Siddiqui and the trust. The ED has traced Rs 493.24 crore in proceeds of crime generated by the Al-Falah Charitable Trust and Al-Falah University between financial years 2016-17 and 2024-25...