The CBI has revealed that BCCI has transferred a whopping 100 crores to the JKCA between 2002 and 2011. A large amount of this money has been allegedly misappropriated by those who were in control of the JKCA, and many of these include politicians, bureaucrats, and sports administrators of every hue. The Jammu and Kashmir High Court had transferred this case to the CBI after it was observed that very influential people in the state were behind the scam.
In the hearing which came in High Court, the CBI officer told the court that the agency needed six more months to complete the investigation as the matter pertained to all parts of the country. It was also observed that huge amount of money has been siphoned off using various accounts, and different banks and the sleuths were charting the flow of money to beneficiaries. The court after hearing the plea granted 3 more months to investigate the case.
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