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J&K Police Attach ₹1 Crore Srinagar Home of Alleged Narcotics Trafficker

Traced to drug-derived funds, the home was seized under NDPS provisions to cut off traffickers’ financial channels.

The police said that the said property has been established as having been “acquired through proceeds of illicit drug trafficking”. (File)

Overview

  • The two-storey house and adjoining land in Karnabal, Srinagar, was valued at about ₹1 crore and identified as acquired with drug trafficking proceeds.
  • Officers acted under Sections 68-E and 68-F of the NDPS Act with SAFEMA approval, preventing any sale or transfer without official sanction.
  • Owner Pervaiz Ahmad Bhat is named in FIR No.02/2024 under Sections 8, 20 and 29 of the NDPS Act and remains in preventive detention under the PIT-NDPS Act.
  • This seizure follows late-May multi-state raids that netted crores of narcotics across Assam, Punjab and Mizoram in an intensified anti-drug operation.
  • Jammu and Kashmir Police have called on residents to report drug-related information through a specialized helpline to help dismantle trafficking networks.