Last Updated on July 24, 2022 at 7:46 am
Farooq Abdullah, the president of the National Conference (NC) and a member of parliament, was called before a court in Srinagar on Saturday. This was in connection with a money laundering case involving alleged financial irregularities at the Jammu and Kashmir Cricket Association (JKCA).
On the basis of a complaint made against Abdullah and others by the Enforcement Directorate (ED) in the JKCA money laundering case, the main District and Sessions Judge, Srinagar, issued the summons against Abdullah for August 27.
On May 31, Abdullah was interrogated by the ED for more than three hours. He served as president of the JKCA from 2001 to 2012, and the alleged financial theft between 2004 and 2009 is the subject of the “scam” being looked into by the CBI and the ED.
Over Rs 21 crore worth of properties have already been attached by the ED. This includes Abdullah’s movable property, worth Rs. 11.86 crore.
According to the ED, the investigation has so far shown that Ahsan Ahmad Mirza had misappropriated JKCA funds worth Rs 51.90 crore in collusion with other office-bearers of the JKCA and used these funds for settling his personal and business liabilities. A case was filed at the Rammunshi Bagh Police Station in Srinagar, which served as the foundation for the money laundering investigation launched against the JKCA office holders.
Later, the high court ordered that the matter be transferred to the CBI. The CBI has filed a charge sheet against the previous JKCA office-bearers for the alleged theft of funds of Rs. 43.69 crore.
