SRINAGAR: Sopore Police freezed and initiated forfeiture proceedings of huge amount of illegally acquired wealth amounting to Rs. 1,25,06,377.10 *One Crore Twenty Five Lakhs Six Thousand Three Hundred Seventy Seven Rupees) under the NDPS Act.
“Today, on 29-08-2023, PS Bomai of Police District Sopore while investigating in case FIR No. 26 of 2023 U/Ss. 8/22 of the NDPS Act of Police Station Bomai in which one notorious drug trafficker namely Parvaiz Ahmad Bhat S/O Ali Mohammad Bhat R/O Umerabad HMT Srinagar,” a police spokesperson said in a statement.
was arrested and found in conscious possession of 350 Bottles of Codeine Phosphate (of 100 ml each), freezed Bank Accounts of said accused person in which huge amount of illegally acquired wealth amounting to Rs. 1,25,06,377.10.
One Crore Twenty Five Lakhs Six Thousand Three Hundred Seventy Seven Rupees) was ordered to be freezed/attached and forfeiture proceedings of said illegally acquired property (Bank Balance of Rs. 1.25 Crores) was taken up with the Competent Authority, New Delhi in accordance with the provisions of Chapter VA of the Narcotic Drugs & Psychotropic Substances (NDPS) Act, 1985.
The property (in the form of bank balance) has been illegally acquired from the income earned through drug trafficking & is of recent origin and does not commensurate with the sources of the income of the accused.
It is worth to mention that said accused person was previous also found to have been involved in case 1). FIR No. 337/2013 U/Ss. 8/22 of the NDPS Act of Police Station Parimpora;
2). FIR No. 92/2020 U/Ss. 8/21, 22 & 29 of the NDPS Act of PS Ram Munshibagh Srinagar; and 3). FIR No. 121/2015 U/Ss. 8/21 NDPS Act of Police Station Sumbal. The investigation in the case FIR No. 26 of 2023 U/Ss. 8/22 of the NDPS Act of Police Station Bomai is still in progress.
