Srinagar: Jammu and Kashmir Police on Saturday attached a property allegedly acquired through illegal proceeds linked to terrorist activities here, an official said.
According to police, the attachment was carried out under relevant provisions of the Unlawful Activities (Prevention) Act (UAPA) in connection with an FIR registered at Khanyar police station.
In a decisive move against the terror ecosystem and to dismantle its supporting infrastructure, Srinagar police has attached a residential property — land and building structure — estimated to be worth approximately Rs 1.5 crore, a police spokesperson said.
He said the property, located in Mir Masjid Mohalla, Shallabagh in Khanyar locality here, is registered in the name of Mohammad Yousuf Shah. It is currently in the possession of his son Masood Hussain Shah.
Investigations have established that the property was acquired through illegal proceeds linked to terrorist activities, the spokesperson said.
The property has been formally seized and attached following due legal procedure. Through this attachment notice, the owner is prohibited from selling, leasing, or transferring the said property in any manner, he added.
According to the spokesperson, by targeting and crippling the financial networks of terrorist organisations, Jammu and Kashmir Police aims to curb acts detrimental to the security and integrity of the nation.
