J&Okay ANTF freezes 5 financial institution accounts with hyperlinks to Kashmir drug cartel

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Tightening the noose on drug sellers within the Union Territory, Anti Narcotics Task Force of Jammu and Kashmir on Monday froze 5 financial institution accounts which had been instantly linked to a drug cartel of Kashmir allegedly headed by one Masood Ahmed Dar of Bijbihara in Anantnag district.

Pointing out that the whole quantity frozen was Rs 54.27 lakh, an ANTF assertion right here stated that the cartel had been supplying Hashish from Kashmir Valley to different components of the nation, aside from supplying and distributing psychotropic medication in Jammu and Kashmir.

Three major distributors of the drug cartel have already been arrested together with Salman Khan and Amit Saxena of Delhi, who had been supplying psychotropic medication from the Union capital to Jammu and Kashmir, apart from Jahangir Ahmed, the primary provider of medicine from J&Okay to different components of the nation.

These freezing orders are first of its sort within the UT the place financial institution accounts have been frozen by competent authority – SAFEMA (Smugglers and Foreign Exchange Manipulators Act For Forfeiture of Property Act 1976) of Delhi, the ANTF assertion added. The course of entails proving such accounts to be proceeds of narcotics and the case is heard by SAFEMA.

The freezing order from SAFEMA got here after investigating officer Parvez Sajjad proved past affordable doubt that every one such cash was proceeds of narcotics, the assertion stated, including that the account holders too had been offered a possibility to current their case.

ANTF is investigating all features of the cash transactions together with Hawala which can’t be dominated out at this stage, it stated.

It can be probing many such different accounts and properties, each moveable and immoveable of infamous drug sellers, the assertion stated, including that correct confiscations and forfeiture shall be adopted in near future. These drug offers additionally embrace illicit crop cultivators, cross-border smugglers, peddlers and so on., it stated.

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