Farooq Abdullah's Properties Worth Over Rs 60 Crore In Market Value Attached By ED In Money Laundering Probe

Former Jammu and Kashmir chief minister Farooq Abdullah's Rs 11.86 crore assets have been attached by the Enforcement Directorate (ED) in connection with the Jammu and Kashmir Cricket Association money laundering probe, Press Trust of India has reported.

As per the report while the book value of the attached properties is Rs 11.86 crore, their market value is Rs 60-70 crore.

The ED is probing alleged cases of money laundering over financial irregularities in the J&K Cricket Association.

Abdullah's attached properties are located in Jammu and Srinagar. Of the six attached properties, two are residential, one is commercial and the rest are plots of land.

He has been questioned multiple times by the ED in connection with the matter.