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Jammu and Kashmir National Conference (NC) chief and former Chief Minister Dr. Farooq Abdullah got bail on Saturday in the Jammu and Kashmir Cricket Association (JKCA) money laundering case. On the issue of summons, Farooq appeared in the court on Saturday. After applying for regular bail, he took relief from the court by filling a surety bond of Rs 50,000.
The court has fixed the next hearing of the case on September 26. During this, Farooq will be questioned in the court. He was summoned to the court of the Principal District and Sessions Judge, Srinagar on Saturday. Dr. Farooq’s lawyer Ishtiaq Ahmed Khan told the court in the morning that the former chief minister could not appear due to health issues.
On the insistence of the court, Farooq reached the court at 1 pm, where he got regular bail. The court had on July 23 issued summons against Abdullah on a complaint filed by the Enforcement Directorate (ED) against him and others in the JKCA money laundering case. The agency has also questioned Dr. Farooq Abdullah several times.
Dr. Farooq was the President of JKCA from 2001 to 2012. Between 2004 and 2009, the Central Bureau of Investigation (CBI) and the ED have uncovered financial misappropriation. The ED has already attached assets worth over Rs 21 crore in this case. This includes Abdullah’s immovable assets worth Rs 11.86 crore.
this is the case
The ED claims that the investigation so far has revealed that former JKCA treasurer Ahsan Ahmed Mirza along with other JKCA office bearers misappropriated funds worth Rs 51.90 crore. This proceeds was used to settle his personal and business liabilities.
After this, a case was registered at Ram Munshi Bagh police station in Srinagar and a money laundering investigation was started against JKCA officials. The case was later handed over to the CBI on the directions of the High Court. CBI files chargesheet against former JKCA office bearers for rigging.