Srinagar: Police in Srinagar have attached a double-storey residential house along with 12.5 marlas of land, valued at approximately ₹1.6 crore, belonging to a “notorious” drug peddler.
The attachment was carried out by Police Station Nowgam under Sections 8/22–29 of the NDPS Act against the accused Liyaqat Ali Bhat, son of Bashir Ahmad Bhat, resident of Auqaf Chowk, Kenihama, Nowgam, Srinagar.
During investigation, “it was established that the said property had been acquired through illegal proceeds generated from narcotics trafficking,” police said, adding consequently, the property was attached under Section 68-F of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, after obtaining due approval from the competent authority.
As per the attachment order, the owner has been restrained from selling, leasing, transferring, altering, or creating any third-party interest in the attached property.
In a similar development, police attached immovable property worth Rs 1 crore belonging to a drug peddler involved in narcotics cases in Poonch district as well, officials said.
The action against Mohammad Iqbal followed confirmation by the competent authority under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, marking a significant step towards dismantling the financial network of organised drug trafficking in the region, they said.
The attached property in the name of the accused’s wife, Shahnaz Kouser, comprises a three-storey under construction building at Kamsar, with an estimated value of Rs 1.10 crore, the officials said.
