ED attaches properties worth Rs. 1.93 cr in drug smuggling case
ED investigation revealed that Ranjit Singh alias Rana imported drugs/narcotics from Pakistan and Afghanistan in the guise of rock salt
New Delhi, October 15
Directorate of Enforcement (ED), Jalandhar has provisionally attached immovable properties worth Rs. 1.93 crore in a drug smuggling related money laundering case, under the provisions of Prevention of Money Laundering Act (PMLA), 2002.
ED initiated investigation on the basis of two FIRs registered by Punjab Police and NIA, New Delhi under various sections of IPC, 1860, Unlawful Activities (Prevention) Act,1967 Arms Act, 1959 Indian Passport Act, 1967, Foreigner Act, 1946 and NDPS Act, 1985.
ED investigation revealed that Ranjit Singh alias Rana imported drugs/narcotics from Pakistan and Afghanistan in the guise of rock salt in active connivance with Late Gurpinder Singh, Tariq Ahmad Lone, Ajay Gupta, Iqbal Singh and others. Further, investigation revealed that Ranjit Singh was laundering the Proceeds of Crime generated through drug trading by way of investing in immovable properties purchased in cash in the name of his family members, officials informed.
