The Enforcement Directorate (ED) recently attached assets worth rupees 11.86 crores of former Chief Minister of Jammu and Kashmir, Farooq Abdullah and others in connection with a money-laundering probe. The case is reportedly linked to claimed financial irregularities in the Jammu and Kashmir Cricket Association.
As per official sources, the ED has issued a temporary attachment order under the Prevention of Money Laundering Act and the attached properties located in Jammu and Srinagar.
Reportedly, the attached properties include two immovable assets which are residential and one of them is a commercial property. Three other plots of land have also been attached by the Enforcement Directorate.
Though the book value of the attached properties is rupees 11.86 crores, their market value is anywhere near 60 to 70 crore.
The ED has already interrogated 83-years-old Farooq Abdullah in this case. He was last questioned in October this year at Srinagar.
Meanwhile, the former Jammu and Kashmir chief minister Omar Abdullah dismissed the provisional attachment order of properties belonging to his father by the Enforcement Directorate calling it “baseless.” In his opinion, he is surprised that how an ancestral property could be seen as proceeds of “crime.” He expressed his surprise that the properties attached are largely ancestral dating from the 1970s even the most recent one built before 2003.
The vice president of the National Conference, Omar Abdullah posted multiple tweets where he claimed that his father, Farooq Abdullah, “is in touch with his lawyers and will fight all these baseless charges in the one place that matters – a court of law”.
Omar further said that everyone is believed to be innocent and deserved to have a fair trial “unlike in the court of the media or the court of BJP managed social media”.
Omar expressed wonder that the properties attached are largely ancestral dating from the 1970s with the most recent one built before 2003.