Assets worth Rs 2cr of drug smuggler arrested by Mumbai NCB attached under SAFEMA | Mumbai News


Assets worth Rs 2cr of drug smuggler arrested by Mumbai NCB attached under SAFEMA

Mumbai: Properties worth Rs 2.3 crore of alleged drug smuggler Vikram Punjir have been attached under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA), 1976 by the competent authority appointed under the Act.According to officials, the seized movable properties include three bank accounts and a high-end vehicle, and the immovable properties include a piece of land at Uruli Kanchan in Taluka Haveli of Pune district.The matter pertains to the seizure of 111kg of ganja at Pathardi Road in Ahilyanagari by Mumbai’s Narcotics Control Bureau, leading to the arrest of five persons, including Punjir. The contraband was sourced from the Andhra-Odisha Border area and was destined to Pune.SAFEMA is to provide forfeiture of illegally acquired properties of smugglers and foreign exchange manipulators.





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