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

Zydus Lifesciences Q4FY26 net profit rises 9%

Zydus board approved a buyback of up to Rs 1100 crore at Rs 1,150 per share, along with a 100 percent dividend for FY26. Zydus Lifesciences reported a rise in…

Chemists strike on May 20: Reasons behind today’s all-India strike

While major pharmacy chains and government medical outlets will remain operational, the strike highlights significant tensions within the industry that could impact access to medications nationwide. The All India Organisation…

Leave a Reply

Your email address will not be published.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

You Missed

Zydus Lifesciences Q4FY26 net profit rises 9%

Zydus Lifesciences Q4FY26 net profit rises 9%

Chemists strike on May 20: Reasons behind today’s all-India strike

Chemists strike on May 20: Reasons behind today’s all-India strike

AbbVie loses patent plea for Hep C drug

AbbVie loses patent plea for Hep C drug

GSK’s Calpol a well-known trademark: High Court

GSK’s Calpol a well-known trademark: High Court

3 arrested for allegedly posing as doctors using forged MBBS degrees

3 arrested for allegedly posing as doctors using forged MBBS degrees

Commissioner FDA reviews enforcement measures

Commissioner FDA reviews enforcement measures