Farooq Abdullah Many people including Farooq Abdullah came on the radar of ED their names came in the new charge sheet

Farooq Abdullah
Image Source : PTI
Farooq Abdullah

Highlights

  • The accused have to appear on August 27
  • Property worth Rs 21.55 crore has been attached
  • Alleged embezzlement of Rs 43.69 crore

Farooq Abdullah: The Enforcement Directorate (ED) on Tuesday said it has filed a chargesheet against former Jammu and Kashmir Chief Minister Farooq Abdullah and others in a money laundering case related to alleged irregularities in the Jammu and Kashmir Cricket Association (JKCA). The ED said in a statement that a prosecution complaint has been filed in the Special Prevention of Money Laundering Act (PMLA) court in Srinagar on June 4.

Many names are included in the charge sheet.

The ED has also named Ahsan Ahmed Mirza and Mir Manzoor Ghaznaffer and some others as accused. Ahmed and Ghaznaffer are former treasurers of JKCA. The statement said that the court has asked the accused to appear before it on August 27. Mirza was arrested by the ED in September 2019 and a chargesheet was filed against him in November this year. The hearing of the case is going on. The agency has questioned Abdullah several times in connection with the matter. The probe agency has attached assets worth Rs 21.55 crore of Abdullah and others in the past under three separate orders.

Alleged embezzlement of Rs 43.69 crore

The ED said that money was transferred from the bank accounts of JKCA to the personal accounts of unrelated parties including the office bearers of the organization and money was withdrawn from the accounts for which there is no explanation. He said that in this way the money of JKCA has been embezzled. The agency’s case is based on a chargesheet filed by the Central Bureau of Investigation (CBI) against the same accused in 2018. The CBI chargesheet had named former accountants Bashir Ahmed Misgar and Gulzar Ahmed Baig as accused and alleged that the money received by the JKCA between 2002-2011 on behalf of the Board of Cricket in India (BCCI) to promote the game in the state. 43.69 crore has been embezzled.

misappropriation of funds

The ED had earlier said that its probe has revealed that JKCA received Rs 94.06 crore from BCCI in 3 bank accounts during the financial years 2005-2006 to 2011-2012 (till December 2011). He alleged that several bank accounts were opened under JKCA in which funds were transferred. It said that the new bank accounts and old bank accounts were later used to misappropriate the funds of JKCA.

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