ED attaches properties of Farooq Abdullah, others in misappropriation of JKCA funds


New Delhi, December 19: Enforcement Directorate on Saturday attached assets worth Rs 11.86 crore belonging to former chief minister Farooq Abdullah and some others in its ongoing investigation into allegations of corruption in the Jammu Kashmir Cricket Association, officials said.

Officials 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.

Abdullah is being investigated over allegations of misappropriating Rs 113 crore that was sent to the Jammu and Kashmir Cricket Association by the Board of Control for Cricket in India. The allegations pertain to a time when he was president of the association.

The 83-year-old leader has been questioned by the ED in this case a number of times, the last being in October at Srinagar. People’s Alliance for Gupkar Declaration, an alliance of several regional political parties including Abdullah’s National Conference,  accused the BJP-ruling Centre of targeting Abdullah. Abdullah is the chairperson of the alliance. (Agencies).