The National Conference said today that Farooq Abdullah has full faith in the judicial system and will cooperate with the court's proceedings, hours after the CBI charge-sheeted him and three others for allegedly misappropriating over Rs 43 crore from grants given by the BCCI to the Jammu and Kashmir Cricket Association.
"President Jammu and Kashmir National Conference Farooq Abdullah has full faith in the judicial system and re-asserts his commitment to cooperate with the court's proceedings in the matter relating to certain financial transactions of the Jammu and Kashmir Cricket Association," the NC said in a statement.
"Farooq Abdullah has led his life guided by the strictest principles of selfless public service and probity. He is certain that truth shall prevail," the party added.
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The Central Bureau of Investigation (CBI) on Monday filed a charge-sheet against former J&K chief minister Farooq Abdullah. It has also filed a charge-sheets against three others in a special court in Srinagar in connection with alleged irregularities and misappropriation of funds in the Jammu and Kashmir Cricket Association (JKCA).
The agency has levelled charges of criminal conspiracy and criminal breach of trust under the Ranbir Penal Code against Abdullah - the then president of JKCA, Md Saleem Khan - the then general secretary, Ahsan Ahmad Mirza - the then treasurer and Bashir Ahmad Misgar, an executive in the J&K Bank, reported PTI.
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Between 2002 and 2011, the BCCI gave Rs 112 crore to the JKCA for the development of cricket facilities in the state. The agency has alleged that out of Rs 112 crore, Rs 43.69 crore was siphoned off and misappropriated by the accused.
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