Guwahati: The Directorate of Enforcement (ED) conducted search operations in two locations in Tripura in accordance with the Prevention of Money Laundering Act’s (PMLA) regulations and in response to three drug trafficking investigations.
In a press release, the ED stated that as part of investigations into three drug trafficking cases, search operations were conducted in the Tripura districts of Agartala and Sipahijhala in accordance with the Prevention of Money Laundering Act (PMLA), 2002.
“ED initiated investigations under PMLA, 2002 based on FIRs registered under sections 20/29 of NDPS Act, 1985 by Tripura Police and charge sheet filed against the accused persons namely Sujit Sarkar ,Bijoy Paul and family members of Paresh Chandra Roy for their active involvement in storage, trafficking and sale of cannabis(Beyond prescribed commercial quantity) which is prohibited under NDPS Act,1985”, the press release of ED reads.
It further said that the inquiry conducted by the PMLA had also shown that significant sums of money had been deposited in both their bank accounts and the accounts of their relatives.
“During the search operations, the Proceeds of Crime amounting to Rs 2 Crore in the form of bank balance available in bank account, FD, insurance policies and documents of immovable properties have been seized. Further investigation is in progress”, the statement added.