Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
The smouldering of anger in Ladakh
access_time 29 March 2024 4:20 AM GMT
Democracy that banks on the electorate
access_time 28 March 2024 5:34 AM GMT
Lessons to learn from Moscow terror attack
access_time 27 March 2024 6:10 AM GMT
Gaza
access_time 26 March 2024 4:34 AM GMT
The poison is not in words, but inside
access_time 25 March 2024 5:42 AM GMT
DEEP READ
Schools breeding hatred
access_time 14 Sep 2023 10:37 AM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Ramadan: Its essence and lessons
access_time 13 March 2024 9:24 AM GMT
When ‘Jai Sree Ram’ becomes a death call
access_time 15 Feb 2024 9:54 AM GMT
exit_to_app
Homechevron_rightIndiachevron_rightFormer JK CM Farooq...

Former JK CM Farooq Abdullah summoned by ED in money laundering case

text_fields
bookmark_border
Former JK CM Farooq Abdullah summoned by ED in money laundering case
cancel

New Delhi: Farooq Abdullah, the former Chief Minister of Jammu and Kashmir has been summoned by the Enforcement Directorate (ED) on Friday and directed him to appear before it on May 31 in connection with a money laundering case.

Abdullah was summoned twice in the same case of money laundering against the office-bearers of the union territory's cricket association in October 2020 also.

The ED summon requires the former Chief Minister to appear before its Chandigarh office, but due to his ill health, there is a possibility that he might appear before the probe agency's Srinagar branch.

The ED had earlier seized property worth Rs 7.25 crore of Abdullah's associate Ahsan Ahmad Mirza.

The Board of Control of Cricket in India (BCCI) had given the Jammu and Kashmir Cricket Association (JKCA) around Rs 112 crore during 2002 and 2011.

In 2003, Mirza was appointed as treasurer of the JCKA by Abdullah by allegedly flouting rules. Mirza was not elected to the post but Abdullah appointed him as treasurer through a resolution signed by him.

Abdullah has been accused of laundering money through Mirza. The ED had detected some suspicious transactions showing funds of JCKA were illegslly transferred into the account of Mirza.

The ED learnt in the investigation that Mirza with the help of other officer bearers misappropriated Rs 51.90 crore from JCKA's fund. He spent this one into repaying his business associates and spending on personal things.

Earlier, the ED had attached properties of Abdullah, Mirza and his aide Manzoor Ghazanfar.

"Assets worth Rs 14.32 crore had already been attached by the ED in the case which includes properties worth Rs 11.86 crore of Abdullah," an ED official said.

Ghazanfar was elected treasurer in 2007 and he detected the alleged fraud.

He told Abdullah about the illegal transaction buy the latter kept mum on the matter.

The ED also learnt that at the instruction of Abdullah, Ghazanfar signed a few cheques which were deposited into the accounts belonging to Mirza.

The agency initiated PMLA probe in the matter on the basis of the CBI's FIR and charge sheet filed in 2019.

The ED has learnt that Mirza opened several accounts in J&K Bank on the basis of fake documents as per instruction of Abdullah and laundered funds. Mirza was made the cheque signatory of JCKA by Abdullah.

The ED has already filed a charge sheet in the matter.

The CBI had claimed in the charge sheet that funds of Rs 43 crore of JCKA were misappropriated by the accused.

With Inputs from IANS

Show Full Article
TAGS:Money Laundering CaseFarooq AbdullaJammu Kashmir
Next Story