Srinagar Police Freeze Over 100 Bank Accounts in Crackdown on Drug Trafficking Networks

Srinagar: In a significant step against narcotics smuggling, Srinagar Police have frozen more than 100 bank accounts linked to individuals involved in drug trafficking. These accounts collectively hold deposits worth several lakhs of rupees and are under detailed scrutiny to trace the movement of illicit funds.
A police spokesman said in a statement issued here on Sunday reads, “The accounts belong to individuals arrested in connection with cases registered under the Narcotic Drugs and Psychotropic Substances (NDPS) Act in the Srinagar District. The suspects are reportedly involved in the trafficking of narcotics and psychotropic substances, posing a severe threat to the community, particularly the youth,”
The freezing of these accounts has effectively disrupted the financial operations of drug trafficking networks. Investigations conducted under the NDPS Act revealed that these accounts contained proceeds of illegal drug trade. Additionally, moveable and immovable properties valued in crores, allegedly acquired through narcotics smuggling, have been attached under Section 68F of the NDPS Act.
Srinagar Police remain committed to eradicating the menace of drug abuse and trafficking in the region. Authorities have appealed to the public for cooperation, urging citizens to report any drug-related activities. Information can be shared by visiting the nearest police station or by calling the helpline at 112.
This intensified financial scrutiny reflects a broader commitment to dismantling the economic foundations of narcotics networks and safeguarding the community from the devastating impact of drug abuse.