Assets from drug trade worth crores frozen in Shopian

Shopian, Feb 18: Acting tough against drug traffickers, District Magistrate Shopian Saturday ordered seizure / freezing of illegally acquired properties of five drug traffickers in District Shopian .The action has been taken under the provisions of Chapter VA of the Narcotic Drugs & Psychotic Substances Act, 1985. As per the orders issued today, the said properties shall not be transferred for any other use undertaken on it without the permission of the District Magistrate.
The Competent Authority under Narcotic Drugs and Psychotropic Substances (NDPS) Act, Shopian, accorded a seal of approval to freezing of ill-gotten properties worth crores of five drug peddlers who were given reasonable time period to prove credentials and produce the requisite documents that substantiate the property as legal.
It included illegally acquired buildings and land from the proceeds of narcotics trade. The properties were purchased from ill-gotten money of drug trafficking within the last six years in the name of accused persons as well as in the name of their kith and kin. The district administration has issued notices to several persons involved in the drug trafficking in the recent past and asked all of them to show cause the source of means of the acquisition of the properties.