SRINAGAR — Jammu and Kashmir Police in Srinagar has frozen and attached residential properties and a vehicle worth over ₹13.43 crore in a major crackdown on drug trafficking and its financial networks under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985.
According to a police statement, the action was carried out by police stations Khanyar, Pantha Chowk, Shalteng, Safakadal, Soura and Ahmadnagar across different subdivisions of Srinagar.
The assets were identified during financial investigations as allegedly acquired through proceeds of illicit drug trafficking. Proceedings were initiated under Sections 68-E and 68-F of the NDPS Act, following prescribed legal procedures.
The action included properties valued at approximately ₹8 crore linked to cases registered at Police Station Khanyar, a residential property worth ₹1.24 crore in the Pantha Chowk area, and another property valued at ₹1.21 crore under Police Station Shalteng.
Police also froze or attached properties worth around ₹10.15 lakh in Safakadal, ₹1 crore and ₹80 lakh in two cases under Police Station Ahmadnagar, and a residential property valued at over ₹1.18 crore under Police Station Soura.
Police said the action was aimed at dismantling the financial networks associated with drug trafficking and reiterated its commitment to continuing the crackdown on narcotics-related activities. — (KIMS)