Insta
Farooq Abdullah's Properties Worth Over Rs 60 Crore In Market Value Attached By ED In Money Laundering Probe
Swarajya Staff
Dec 19, 2020, 07:32 PM | Updated Dec 20, 2020, 09:39 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
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.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.