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Farooq Abdullah's 6 assets worth 11.86 cr seized

The ED has questioned Abdullah twice in connection with a case of alleged misappropriation of funds

Saturday December 19, 2020 8:03 PM, IANS

Farooq Abdullah

New Delhi/Srinagar: In a major setback for former union minister and former Jammu and Kashmir Chief Minister Farooq Abdullah, the Enforcement Directorate (ED) on Saturday attached six of his properties worth Rs 11.86 crore in connection with a probe into the J&K Cricket Association case, sources said.

An ED source told IANS:

"We have attached six properties of Abdullah in which three are residential buildings while two are plots."

He said the properties of the National Conference (NC) leader have been attached under the Prevention of Money Laundering Act (PMLA).

Among the attached properties are residences at Gupkar Road Srinagar, Tehsil Katipora, Tanmarg and Bhatindi Village, Sunjwan Jammu, an ED official said.

The Enforcement Directorate, which investigates financial crimes, is looking into money-laundering allegations connected to the J&K cricket body.

The ED has questioned Abdullah twice in connection with a case of alleged misappropriation of funds when he was the chairman of the J&K Cricket Association.

The CBI had in 2018 filed a chargesheet against Mr Abdullah, a National Conference MP, and three others, for alleged misappropriation of ₹ 43.69 crore between 2002-11.


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