ED summons Farooq Abdullah in JKCA money laundering case

| Updated: 11 January, 2024 12:51 pm IST

SRINAGAR: The Enforcement Directorate (ED) has summoned Jammu and Kashmir National Conference President, Member of Parliament, and former Chief Minister Dr Farooq Abdullah for questioning in connection with alleged financial irregularities in the Jammu and Kashmir Cricket Association (JKCA).

The Enforcement Directorate has asked Dr Farooq Abdullah to depose at the ED office in Srinagar today. The ED had filed a supplementary prosecution complaint under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA), before the Special PMLA Court in Srinagar, against Dr. Farooq Abdullah, Ahsan Ahmad Mirza, Mir Manzoor Gazanffer, and others on June 4, 2022.

In July 2022, The Enforcement Directorate filed a supplementary chargesheet against former Jammu & Kashmir Chief Minister Dr Farooq Abdullah and others in connection with the alleged embezzlement of the J&K Cricket Association’s funds.

The money laundering probe is based on a First Information Report registered in September 2015 by the Central Bureau of Investigation (CBI) against the then office-bearers of the Association. On July 11, 2018, the CBI submitted a chargesheet against six persons based on its findings, which showed a wrongful gain of about ₹43.69 crores. The case involves siphoning off funds belonging to the JKCA, which were transferred to personal bank accounts of various people including the office bearers of the association.

The allegation against Dr. Farooq Abdullah is that he “misused” his official position as the President of JKCA and allowed the transfer of JKCA funds to various personal bank accounts. ED sources told New Indian that unexplained cash withdrawals from JKCA accounts were also made.

Dr. Farooq Abdullah was the President of JKCA from 2001 to 2012. The alleged scam, which is being investigated both by the CBI and the ED took place between 2004 and 2009. The Enforcement Directorate has already questioned Dr Farooq several times in the past in connection with the JKCA scam.

As per an official of the ED, “The quantum of proceeds of crime identified in the case so far is ₹51.90 crore, of which assets worth ₹21.55 crores have been attached”. The ED had filed a supplementary prosecution complaint under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA), before the Special PMLA Court in Srinagar, against Farooq Abdullah, Ahsan Ahmad Mirza, Mir Manzoor Gazanffer, and others on June 4, 2022.

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