Drug peddler gets to 3-yr RI in PMLA case
Jalandhar, Dec. 24 -- A special court operating under the Prevention of Money Laundering Act (PMLA) in Jalandhar sentenced a drug peddler to three years' rigorous imprisonment in connection with a money laundering case linked to cross-border drug trafficking. The court also imposed a fine of Rs.10,000 on the convict.
The enforcement directorate (ED) initiated its investigation based on an FIR registered by the Punjab police in 2015. That case was filed under various provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act against the accused, identified as Athar Sayeed, and his accomplices for their involvement in cross-border drug trafficking.
The ED investigation revealed that Sayeed was actively involved in smuggling heroin, selling the contraband, collecting drug money, and generating proceeds of crime (POC).
Authorities conducted search operations at two locations in 2016. During the course of the investigation, movable properties worth Rs.17 lakh, which included cash seized from Sayeed, were attached in 2018. The court has also ordered the permanent confiscation of this Rs.17 lakh as proceeds of crime. HTC...
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