DCP Narcotics Datta Nalawade: Mumbai Police freeze assets of Drug Peddler worth Rs 19.59 crores
Mumbai Police : DCP Anti-Narcotics cell Datta Nalawade informed that Mumbai Police has frozen assets of Drug Peddler Premprakash Parasnath Singh & family worth Rs 19.59 crores. This pertains to case no 25/2022 dated 29/3/22 in which a factory was busted and 2400 Kg MD Mephedrone was seized worth around Rs 4,856 crores in the International market.
DCP Datta Nalawade informed that initial breakthrough in the case was made by the Worli unit of ANC from a drug peddler from Shivaji Nagar, Govandi. Subsequently more arrests were made from Godown in Nalasopara and factories in Ambernath & Ankleshwar in Gujarat.
Among the assets seized are 2 flats, 9 galas, 1 car and 6 bank accounts of family members related to prime accused Drug Peddler Premprakash Parasnath Singh. The assets seized are handed over to COMPETENT AUTHORITY UNDER SAFEMA, NDPS, PBTA Laws.
List of Properties attached
As per provisions of section 68- E and 68-F of NDPS Act 1985 the identification of illegally aquired movable and immovable properties by main accused Premprakash Parasnath singh was initiated. Following properties have been identified.
1. Bank accounts : Six saving accounts out of which five accounts are in IDBI Bank and one is in Axis Bank. Total balance amount in these accounts is RS. 1,14,88,216/- ( One crore fourteen lakh eighty eight thousand two hundred and sixteen rupees )
2. Flat No.3106,A wing ,Nishchay Manchand Chunnilal Compound ,S.V. Road, Dahisar (East).Mumbai. Value Rs. 8000000 /-
3. Shop No. 10A, Ground floor, The Polaris, Near Tanvi Complex, S.V. Road, Dahisar east, value Rs. 55,00,0
4. Flat No. 3501, Building No. 01, Northern Heights, S.V. Road, Dahisar, Mumbai,400068. Value Rs.55,00,000/-
5. Gala No. B/27, Ground Floor, Wardhan Industrial Estate, Wardhan Nagar, Village Bilalpada, Taluka Vasai, Dist.Palghar (Old Thane), Value Rs.13,00,000/-
6. Shop No. 10B, Groun floor, The Polaris, Near Tanvi Complex, S.V. Road, Dahisar east, Mumbai 400068.Value Rs.5500000/-
7. Office Shop No.101, 1st floor, A wing, The Polaris, Near Tanvi Complex, S.V. Road, Dahisar east, Mumbai 400068.Value Rs.2,18,97,000/-
8. Office Shop No. 102, 1st floor, A wing, The Polaris, Near Tanvi Complex, S.V. Road, Dahisar east, Mumbai 400068.Value Rs1,97,12,400/-
9. Office Shop No. 103, 1st floor, A wing, The Polaris, Near Tanvi Complex, S.V. Road, Dahisar east, Mumbai 400068.Value Rs1,97,20,500/-
10. Office Shop No. 104, 1st floor, A wing, The Polaris, Near Tanvi Complex, S.V. Road, Dahisar east, Mumbai 400068.Value Rs7,74,93,500/-
11. Shop No. 01, BuildingNo. 05, Navroz Co Operative Housing Society Ltd., Shanti Nagar, S.V. Road, Dahisar east, Mumbai 400068.Value Rs.63,00,000/-
12. Gala No. B/28, Ground Floor, Wardhan Industrial Estate, Wardhan Nagar, Village Bilalpada, Taluka Vasai, Dist.Palghar (Old Thane), Value Rs.13,00,000/-
13. Creta Motor Car,registration number GJ 15 CK 9564. Value Rs.1600000/-
Total value of all above properties is Rs. 19,57,81,550 ( Nineteen Crores fifty seven lakh eighty one thousand five hundred and fifty). As during investigation it got prooved that these properties have been derived from money earned out of drug trafficking, the investigating officer has issued order to forfeit the properties under section 68- F of NDPS Act and report has been submitted to competent authority .
Further investigation to identify more properties is going on.
