Over 100 bank accounts linked to drug traffickers frozen in Srinagar: Police

SRINAGAR (KIMS) — Srinagar Police has intensified financial investigations into multiple narcotic smuggling cases, leading to the freezing of more than 100 bank accounts linked to drug traffickers.

“These accounts collectively contain deposits amounting to several lakhs of rupees. All transactions associated with these accounts are under detailed scrutiny to trace the flow of illicit funds. This action has effectively blocked access to financial resources used by drug trafficking networks,” police said in a statement.

The account holders 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 said.

Comprehensive investigations under the relevant provisions of the NDPS Act led to the freezing of these bank accounts, which contain substantial sums identified as proceeds of illegal narcotic trade.

“Moveable and immovable properties valued at crores of rupees, acquired through illicit activities, have also been attached under the applicable legal framework. This action has been initiated under Section 68F of the NDPS Act,” the statement added.

J&K Police emphasized its commitment to combating the menace of drug abuse and trafficking. The public has been urged to join 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,” the statement ends. — (KIMS)