The Enforcement Directorate, which investigates monetary crimes, is trying into money-laundering allegations linked to the J&Okay cricket physique. The CBI had in 2018 filed a charge sheet towards Mr Abdullah, a National Conference MP, and three others, for alleged misappropriation of Rs 43.69 crore between 2002-11.
Sources within the Enforcement Directorate stated the company has issued a provisional attachment order beneath the Prevention of Money Laundering Act and the connected properties are situated in Jammu and Srinagar.
The property embodies two residential and one business properties and three plots of land.
While the e-book worth of those connected properties is Rs 11.86 crore, their market worth is about Rs 60-70 crore, officers within the company claimed.
Mr Abdullah, who was questioned twice in Srinagar within the case in October, and his get together have linked the investigation to the current transfer by the 83-year-old to carry collectively all Jammu and Kashmir events in a marketing campaign for restoring particular standing.
“The letter from the Enforcement Directorate came after the Gupkar declaration. It is clear political vendetta after the ‘People’s Alliance’ was formed in Kashmir,” a National Conference spokesperson stated.
“We knew it was coming,” stated the get-together, including that the ruling BJP on the centre was utilizing its companies to struggle the brand new political formation as a result of it “couldn’t fight it politically”.
“This is the price one faces when opposed to the BJP’s ideology and divisive politics. Recent history is witness to how the BJP has been employing coercive and intimidation measures through various departments to target opposition leaders across the country. The recent ED summons to Farooq Abdullah is a case in point,” stated the National Conference.
Last 12 months, Mr Abdullah was summoned by the company was in July, days earlier than the centre’s August 5 transfer to finish particular standing to Jammu and Kashmir beneath Article 370 and divided it into two union territories.
Mr Abdullah, his son Omar Abdullah and their rival-turned-ally Mehbooba Mufti – all former Chief Ministers – had been amongst scores of politicians detained on the time.
The Abdullahs, Mehbooba Mufti, Sajjad Lone and others got here collectively on Thursday and shaped the “People’s Alliance for Gupkar Declaration” to struggle for the restoration of Article 370 and “resolution of Kashmir”. This was based mostly on the “Gupkar Declaration” signed on August 4, 2019, after an all-party assembly on the Gupkar Road dwelling of Mr Abdullah in Srinagar. Regional events and the Congress resolved to guard Jammu and Kashmir’s particular constitutional standing and struggle towards any transfer to dilute it. A day later, the centre enforced its large Article 370 choice.