Excelsior Correspondent
Srinagar, Sept 27: The State High Court today granted three more months time to Central Bureau of Investig-ation (CBI) for completing investigations into multi-crore JKCA scam that surfaced in 2012.
The CBI has said that it has traced the bank accounts used by the JKCA members for siphoning off money. The agency told the court that Rs 112.33 crores have been transferred by Board of Control for Cricket in India (BCCI) to Jammu and Kashmir Cricket Association from 2002 to 2011.
This information was provided to Division Bench of the High Court comprising Chief Justice N Paul Vasanthakumar and Justice Ali Mohammad Magrey in an application wherein CBI has sought extension of time to complete the investigation in multi-crore JKCA scam that surfaced in 2012.
“Rs 1,12,33,04618 have been paid by the BCCI to JKCA during April 2002 to 31.12.2011 as emerged during investigation”, read the application filed by Devendar Singh Additional Superintendent of Police CBI.
The Agency through its counsel, S A Makroo (ASGI), submitted before the Court that no investigation could be carried out in the State due to imposition of continuous curfew and shutdown.
As per the court direction CBI was supposed to complete the investigation within 6 months and was granted two months more time which expired on September 3. The court granted the CBI 3 months more time today for completing the investigation.
CBI submitted that the bank accounts clandestinely opened and operated by the office bearers of JKCA for siphoning off funds of JKCA have been traced and money flow in this connection has been prepared and concerned persons are examined.
CBI further submitted that investigation of the case outside J&K has been carried out in Maharashtra, Uttar Pradesh and Rajasthan. “Multiple bank accounts of different individuals in which funds had been transferred during the relevant period have been spotted and documents collected and reason for transfer of funds need to be further investigated”, read the application.
Investigation of this case was handed over to CBI by the High Court last year in the month of September when court observed that State Police failed to verify and investigate the total transfer of funds from BCCI to JKCA during 2002 to 2011.
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