Tripura: ED conducts raids in Agartala & Sipahijhala district in drug trafficking cases

The Directorate of Enforcement (ED) has conducted search operations in two locations in Tripura under the provisions of the Prevention of Money Laundering Act (PMLA).

ED highlighted the matter in a press release that they have carried out search operations in Sipahijhala and West Tripura districts of Tripura under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

These operations were carried out to investigate three drug trafficking cases, which have links with few suspects who are citizens of these districts.

The ED’s press states that 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 Bijoy Paul, Sujit Sarkar, 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.

ED further said that PMLA investigation revealed deposits of huge amounts of cash amounting to Rs. 2 Crore were deposited in the bank accounts of accused persons and their family members.

During the search operations, diverse documents related bank account, FD, insurance policies and documents of immovable properties have been seized and further investigation is going on.