Excelsior Correspondent
POONCH, Nov 15: In furtherance of financial investigation in narcotics smuggling, the police have freezed dozens of bank accounts involved in drugs trade. The action comes as part of an intensified crackdown on narcotics networks operating in the region, aimed at disrupting their financial lifelines and curbing the flow of illegal funds.
During financial investigations many accounts under scrutiny were found to have unusually high-volume transactions that raised suspicion during financial surveillance and monitoring. These accounts were allegedly used to route proceeds from the sale and distribution of narcotics across multiple districts. By freezing them, authorities have effectively prevented the accused from withdrawing or diverting money that could have been used to further fuel illegal activities.
The operation was carried out by a special investigation team of Police Station, Poonch under the supervision of Additional SP Poonch Mohan Sharma which coordinated with financial institutions and cyber units to trace, verify, and secure the illicit funds. The team reportedly examined multiple layers of transactions, identified linkages to known smugglers, and gathered sufficient evidence to justify the attachment of assets under relevant legal provisions.
This action of police is part of a broader strategy to dismantle the economic foundations of drug trafficking groups by targeting not only the traffickers but also their financial channels, associates, and facilitators. Further investigations are underway, and more seizures , attachments may follow as the financial investigations continue.
It is pertinent to mention here that Poonch police have also attached immovable properties worth in crores as proceeds of drugs two days ago.
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