ED Cracks Down on Unauthorized Codeine Trade: Rs. 40 Lakh Cash, Rs. 1.6 Cr Jewellery Seized
Jammu, February 17: In a major crackdown on illegal drug trade, the Enforcement Directorate (ED), Jammu, conducted extensive search operations across multiple states, uncovering substantial illicit assets. The searches, carried out on February 13, 2025, targeted individuals and entities involved in the unauthorized sale and diversion of Codeine-Based Cough Syrup (CBCS).
According to an official statement, the operations were conducted under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, at various locations in Jammu and Kashmir, Delhi, Haryana, and Himachal Pradesh.
During the raids, ED officials seized unexplained cash amounting to Rs. 40.62 lakh and jewellery valued at Rs. 1.61 crore, along with significant documentary and digital evidence.
The investigation revolves around Raees Ahmed Bhat and others allegedly involved in the illegal trafficking of CBCS, a substance often misused due to its narcotic properties. The ED’s action marks a significant step in curbing the unauthorized sale of controlled substances and cracking down on the money laundering networks supporting these operations.
Further investigation is ongoing, and more revelations are expected as the agency intensifies its probe into the financial trail of the accused.
