SRINAGAR: The Srinagar District Police on Sunday announced that financial investigations into multiple narcotic smuggling cases have been intensified, resulting in the freezing of more than 100 bank accounts linked to drug traffickers.
“These accounts collectively contain deposits amounting to several lakhs of rupees,” a police spokesperson said in a statement. All transactions associated with these accounts are under detailed scrutiny to trace the flow of illicit funds, the police added. “The freezing of these accounts has effectively blocked access to financial resources used by drug trafficking networks,” the statement read.
The individuals holding these accounts have been arrested in connection with cases registered under the Narcotic Drugs and Psychotropic Substances (NDPS) Act in Srinagar District. Those apprehended have been involved in the trafficking of narcotics and psychotropic substances, posing a significant threat to the community, particularly the youth, the statement further noted.
“Comprehensive investigations conducted under the relevant provisions of the NDPS Act have led to the freezing of these bank accounts containing substantial sums, prima facie identified as proceeds of illegal narcotic trade. Furthermore, moveable and immoveable properties valued at crores of rupees, found to have been acquired through these illicit activities, have been attached under the applicable legal framework,” the police said. This action has been initiated under Section 68F(2) of the NDPS Act, the statement added.
Police urged the public to join hands in this fight by providing any information related to drug peddling or drug abuse. Members of the public are requested to contact their nearest police station or dial 112 to report suspicious drug-related activities. (KNO)
