Former JKCA president Farooq Abdullah named in ED chargesheet on alleged mismanagement of funds

The Enforcement Directorate on July 26 (Tuesday) filed a supplementary charge sheet against the former Jammu and Kashmir Chief Minister Farooq Abdullah in a case related to alleged money laundering. The case is related to irregularities in the funds provided by the Board of Control for Cricket in India (BCCI) to the Jammu and Kashmir Cricket Association (JKCA) worth INR 112 crore.

According to the central agency, more than INR 50 crore were siphoned off between the period of 2002 and 2011 from JKCA when Abdullah held office as the President of JKCA. As a result, the ED filed the chargesheet in the case in a special Prevention of Money Laundering Act court in Srinagar on Tuesday.

Enforcement Directorate gave the information on its official Twitter handle

“ED has filed a Supplementary P.C. under PMLA, 2002 before the Spl. PMLA Court, Srinagar against Dr. Farooq Abdullah & Others on 4/6/2022. Court has taken cognizance of the complaint and issued notices to the accused persons for appearance before the Court on 27.08.2022,” ED wrote on Twitter.

ED has filed a Supplementary P.C. under PMLA, 2002 before the Spl. PMLA Court, Srinagar against Dr. Farooq Abdullah & Others on 4/6/2022. Court has taken cognizance of the complaint and issued notices to the accused persons for appearance before the Court on 27.08.2022.

— ED (@dir_ed) July 26, 2022

It may also be noted that two more names Ahsan Ahmad Mirza and Mir Manzoor Gazanffer have also been added to the supplementary charge sheet. While Mirza was the JKCA treasurer during that time Gazanffer was an authorized signatory in bank accounts that had the association’s funds.

After taking cognizance of the charge sheet, the court on July 26 directed the persons involved to be present in front of the court on August 27, 2022. “The quantum of proceeds of crime identified by ED in this case so far is Rs. 51.90 crores out of which assets worth Rs 21.55 crore have been attached by ED,” the investigative agency said in a press release.

Earlier in November 2021, the ED had filed a charge sheet against Mirza and his trial against him is already underway. The ED had previously named the former JKCA president Farooq Abdullah for taking advantage of his position and using the funds inappropriately granted by the top board the BCCI.