Srinagar, January 12: Over 100 bank accounts linked to narcotic smuggling cases have been frozen as part of intensified financial scrutiny into the illegal drug trade, Srinagar Police said on Sunday.
In a statement, police said these accounts hold deposits worth several lakhs and are under investigation to trace the flow of illicit funds.
Arrests were made under the Narcotic Drugs and Psychotropic Substances (NDPS) Act in Srinagar, reads the statement.
Authorities have also attached movable and immovable properties worth crores of rupees, identified as proceeds from the drug trade, under Section 68F of the NDPS Act, it said.