Delhi

Al Falah Group chairperson had reasons to flee India; Rs 415 cr tainted funds identified: ED

Siddiqui was taken into custody by the federal probe agency on Tuesday night after it conducted day-long searches against the Al Falah University group of Faridabad

Al Falah group chairperson Jawad Ahmed Siddiqui had "incentives" to flee India as his close family members are settled in the Gulf and he received at least Rs 415 crore funds generated "dishonestly" from students of educational institutions run by his Trust, the ED has informed a court. Siddiqui was taken into custody by the federal probe agency on Tuesday night after it conducted day-long searches against the Al Falah University group of Faridabad. The University is central to the investigation into the November 10 Red Fort area blast which killed 15 and injured several others. He was produced at the residence of Additional Sessions Judge Sheetal Chaudhary Pradhan (Saket court) early Wednesday where the agency sought his 14-day remand for custodial interrogation.The court sent him to 13-day ED custody till December 1.