Property acquired through narcotics trade; accused held under PIT-NDPS Act
Diplomat Correspondent
Srinagar, (DD)In a major move against the drug mafia, Srinagar Police have attached a residential property worth approximately Rs 1 crore belonging to a notorious drug peddler, Pervaiz Ahmad Bhat, a resident of Takanwari, Karnabal. The action was taken under the Narcotic Drugs and Psychotropic Substances (NDPS) Act as part of an intensified crackdown on drug traffickers.
According to a police statement the attached asset includes a two-storey house along with surrounding land. Authorities have confirmed that the property was acquired through proceeds of illicit drug trafficking.
Bhat is involved in FIR No. 02/2024 under Sections 8, 20, and 29 of the NDPS Act, registered at Police Station Sangam. He is currently under preventive detention under the PIT-NDPS Act.
Acting under Sections 68-E and 68-F of the NDPS Act, and following due confirmation from the competent authority under the SAFEMA (Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act), New Delhi, the property has been officially seized. It cannot be sold, transferred, or dealt with without prior approval from the concerned authority.
Police said the accused was actively involved in supplying narcotics, particularly targeting the youth, and posed a serious threat to public health and safety.
“This action is part of our sustained campaign to dismantle the financial networks of drug traffickers in Kashmir,” the statement read.
Srinagar Police reaffirmed their commitment to a drug-free society and urged citizens to report any drug-related activities via the dedicated helpline number 9596770550.
“Together, let us build a safe, healthy, and drug-free Srinagar,” the statement concluded.(DD)
