Enforcement Directorate grills Farooq Abdullah on 100 crore BCCI fraud in JKCA
On Wednesday, the Enforcement Directorate (ED) questioned former J&K chief minister Farooq Abdullah on charges of alleged money laundering in J&K Cricket Association (JKCA). Sources said that JKCA received 112 crore from BCCI between 2002 and 2011 while Abdullah was the chairman of JKCA.
Abdullah, who was the long-time president of the JKCA, appointed one of his associates Ahsan Ahmad Mirza as treasurer in 2003 and the duo was involved in alleged money laundering and embezzlement of more than Rs 100 crore of the JKCA. Abdullah was grilled by the ED at its Chandigarh office in connection with misappropriation of Rs 112 crore the JKCA had received from the Board of Control for Cricket in India (BCCI).Ā
During the probe, the ED probe found that Abdullah was helped by a senior official of J&K Bank to facilitate the opening of multiple accounts of JKCA in the bank and also personal accounts of Mirza in which JKCA funds were "illegally" transferred without any proper documentation.Ā
While the said bank that the executive opened the account of JKCA in J&K Bank without requisite documents, the JKCA also raised loans of Rs 7.66 crore without proper documents. Mirza opened multiple accounts for JKCA, raised loans and siphoned off the proceeding using his personal accounts.
When in 2012, Manzoor Ahmad Wazir was elected JKCA treasurer, he instantly found out about the mismatch and audited accounts of JKCA found the alleged misappropriation of funds by Mirza. EDās documents have now made it clear that Abdullah and his then general secretary Salim Khan transferred Rs 1.90 crore through a resolution into the personal account of Mirza in 2008.
