New Delhi| The Enforcement Directorate (ED) on Thursday questioned former Jammu and Kashmir Chief Minister Omar Abdullah in a money laundering case related to alleged irregularities in sanctioning loans by the J&K Bank. The ED case is based on the Central Bureau of Investigation (CBI) case in which the probe agency had accused former Jammu and Kashmir Bank chairman Mushtaq Ahmed Sheikh and others of wrongdoing.
It was alleged that in 2010 the management of J&K Bank had bought a property in Bandra Kurla, Mumbai from Aakriti Gold Builders at an allegedly exorbitant price of Rs 180 crore. The CBI had said that it was a well-planned conspiracy by the accused. On the basis of this, the CBI had registered a case against the management and its chairman in 2021.
