Bank deposits of Rs 2 crore in cash, fixed deposits, insurance policies and documents of immovable property were recovered under the Anti-Money Laundering Act following raids in connection with the investigation of three drug-trafficking cases in Tripura.
The Enforcement Directorate gave this information on Monday.
The raids were carried out in state capital Agartala and Sipahijala on the basis of some FIRs and chargesheets lodged by the Tripura police against the accused, Sujit Sarkar, Bijoy Paul and Paresh Chandra Roy’s family members, the agency said in a statement.
The accused are accused of being actively involved in the storage, smuggling and sale of cannabis in excess of the prescribed commercial quantity.
He is an accused in three separate drug cases.
The investigation found that “huge amounts of cash were deposited in his bank accounts and also in the bank accounts of family members.”
“During the raid operation, Rs 2 crore cash in bank account, fixed deposits, insurance policies and documents of immovable property, which were acquired through crime, were seized,” the statement said.