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The accused had purchased movable and immovable assets through the money minted in the drug peddling nexus. The consent for the seizure has been secured under the NDPS Act 5A, Column 68 (e) and (f).
The drug peddler has been identified as Mrutyunjaya, alias Jayanna, alias MJ. He was arrested by police inspector B,S, Ashok in July and Rs 80 lakh worth hashish oil and ganja was seized.
The accused was into a well-established drug network and nine cases under the NDPS Act had been registered against him in Bengaluru and other places.
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The police also found that Rs 5 crore had been deposited to various bank accounts opened in the accused and his wife’s name.
Appellate Tribunal under Smugglers and Foreign Exchange Manipulators Act, Chennai has consented to the seizure orders.
(With IANS inputs)