Insta
Farooq Abdullah's Properties Worth Over Rs 60 Crore In Market Value Attached By ED In Money Laundering Probe
Farooq Abdullah addresses supporters during an election rally. Photo credit: ROUF BHAT/AFP/GettyImages
Former Jammu and Kashmir chief minister Farooq Abdullah's Rs 11.86 crore assets have been attached by the Enforcement Directorate (ED) in connection with the Jammu and Kashmir Cricket Association money laundering probe, Press Trust of India has reported.
As per the report while the book value of the attached properties is Rs 11.86 crore, their market value is Rs 60-70 crore.
The ED is probing alleged cases of money laundering over financial irregularities in the J&K Cricket Association.
Abdullah's attached properties are located in Jammu and Srinagar. Of the six attached properties, two are residential, one is commercial and the rest are plots of land.
He has been questioned multiple times by the ED in connection with the matter.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
