JK News Today

Srinagar, December 19:

Enforcement Directorate (ED) attaches properties of Dr Farooq Abdullah valued around Rs 11.86 crores under PMLA in connection with the laundering of funds of Jammu & Kashmir Cricket Association (JKCA): ED

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: ED


B/w 2005-2006 to 2011, JKCA received funding totalling to Rs 109.78 from BCCI. B/w 2006 to Jan 2012, when Abdullah was JKCA president, he misused his position & clout by illegal appointments of office bearer to whom he gave financial powers for purpose of laundering of funds: ED