NCB seizes Rs 9.2 crore assets of ‘prime accused’ in transnational drugs trafficking case from Noida

The Narcotics Control Bureau (NCB) on Sunday said it has attached a flat and a factory premises worth ₹9.20 crore in Uttar Pradesh’s Noida of a “prime” accused involved in a 2024 transnational drugs trafficking case linked to a Mexican cartel.

The agency said in a statement that it had recently secured a confirmation on the attachment from the designated competent authority and administrator constituted under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act and the Narcotic Drugs and Psychotropic Substances Act.

The case pertains to the seizure of more than 95 kg of amphetamine and the unearthing of a clandestine narcotics manufacturing laboratory in Noida near Delhi in October last year.

Five people, including a Tihar Jail warden, a Mexican national part of a drug cartel operating from that country, a Mumbai-based chemist and two Delhi-based businessmen, were arrested by the NCB then.

The agency, as part of the probe, attached immovable assets of the “prime accused” in the case.

These include a luxury apartment in Jaypee Greens residential society and a factory premises in Kasna Industrial Area of Gautam Budh Nagar (Uttar Pradesh), which were “acquired using proceeds from international narcotics trafficking”, the NCB said.

Related Posts

Four new drugs for rare diseases on anvil; five medications for 7 ailments in market: VK Paul

New Delhi: Four new drugs for rare diseases are in the pipeline expected to be launched soon while five medications for seven illnesses have already been introduced in the market…

Telangana HM orders action against misleading pharma ads, sale of substandard drugs

Hyderabad: In a stern message to the pharmaceutical industry, Telangana Health Minister Damodar Rajanarsimha has ordered the Drug Control Authority (DCA) to take stringent action against companies and individuals involved…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Four new drugs for rare diseases on anvil; five medications for 7 ailments in market: VK Paul

Four new drugs for rare diseases on anvil; five medications for 7 ailments in market: VK Paul

Telangana HM orders action against misleading pharma ads, sale of substandard drugs

Telangana HM orders action against misleading pharma ads, sale of substandard drugs

Aurobindo Pharma clarifies, reports of Zentiva buyout ‘premature’, no binding agreement yet

Aurobindo Pharma clarifies, reports of Zentiva buyout ‘premature’, no binding agreement yet

AIIMS study finds catheter infections in hospital widespread across India

AIIMS study finds catheter infections in hospital widespread across India