Srinagar police attach property worth Rs 1.5 crore under UAPA
In a decisive move against the terror ecosystem and to dismantle its supporting infrastructure, Srinagar Police have attached a residential property estimated to be worth approximately Rupees 1.5 crore.
A police statement said the property, located at Shallabagh Khanyar, is registered in the name of Mohammad Yousuf Shah Shah. It is currently in the possession of Masood Hussain Shah, a police spokesperson said.
He said the attachment has been carried out under the relevant provisions of the Unlawful Activities (Prevention) Act (UAPA) in connection with FIR under Sections 109 of the Bharatiya Nyaya Sanhita, 7/27 of the Indian Arms Act, and Sections 16, 18, 19, 20, and 39 of the UAP Act, registered at Khanyar police station.
According to the spokesperson, investigations have established that the property was acquired through illegal proceeds linked to terrorist activities.
He said acting under Section 25 of the UAP Act, the immovable property has been formally seized and attached following due legal procedure. “Through this attachment notice, the owner is prohibited from selling, leasing, or transferring the said property in any manner,” he added.
According to the spokesperson, by targeting and crippling the financial networks of terrorist organisations, Jammu and Kashmir Police aims to curb acts detrimental to the security and integrity of the nation.
J & K