J-K Cricket Association money laundering case: ED attaches assets worth Rs 11.86 crore of Farooq Abdullah

J-K Cricket Association money laundering case: ED attaches assets worth Rs 11.86 crore of Farooq Abdullah
PTI
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The attached properties include three residential houses, one at Gupkar Road, Srinagar; one at Tehsil Katipora, Tanmarg, & one at Bhatindi in Jammu; commercial buildings at posh Residency Road area of Srinagar, stated ED in a tweet.

The Central Bureau of Investigation had in 2018 filed a chargesheet against Mr Abdullah, and three others, for alleged misappropriation of Rs 43.69 crore between 2002-11.
New Delhi, Dec 19 (PTI) The ED has attached assets worth Rs 11.86 crore of former Jammu and Kashmir chief minister Farooq Abdullah and others in connection with its money laundering probe linked to alleged financial irregularities in the Jammu and Kashmir Cricket Association, official sources said on Saturday.

They said the agency has issued a provisional attachment order under the Prevention of Money Laundering Act and the attached properties are located in Jammu and Srinagar.

Two immovable assets are residential, one is a commercial property while three other plots of land have also been attached by the Enforcement Directorate, they said.

While the book value of these attached properties is Rs 11.86 crore, their market value is about Rs 60-70 crore, they added.
The 83-year-old NC patron has been questioned by the ED in this case a number of times, the last being in October at Srinagar.

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1 Comment on this Story

rkmittalcivil1 hour ago
ठरॠठा ठलता रहना ठाहिठ..... रॠठना नहॠठठाहिठ।