A special designated Prevention of Money Laundering Act (PMLA) court in Jammu has taken cognisance of a prosecution complaint filed by the Enforcement Directorate (ED) against several individuals accused of operating a narco-terrorism module linked to funding Hizbul Mujahideen’s subversive activities, officials said on Wednesday.
The accused named in the prosecution complaint include Arshad Ahmed Allaie and Abdul Hamid Allaie (both residents of Shopian), Fayaz Ahmed Dar (Anantnag), Fayaz Ahmed Digoo (Pulwama), Laddi Ram (Kathua), and others.
According to the ED, Mohd Altaf, acting on instructions from Pakistan-based terrorists and handlers, received drugs smuggled across the border. Arshad Ahmed, Fayaz Dar, Fayaz Digoo, and Abdul Hamid processed, distributed, and provided these drugs to Laddi Ram, who sold them in Punjab and Jammu & Kashmir. The proceeds, amounting to crores of rupees, were remitted back to Arshad.
“Arshad Ahmed Allaie, under the guise of operating a second-hand car dealership, laundered the proceeds of crime (POC) and routed them to terrorists linked to Hizbul Mujahideen,” ED officials explained. These funds were directed to Mohd Latief Dar of Kulgam and Mohd Shafi Bhat of Anantnag to finance terrorist activities.
An investigation into bank account transactions revealed significant cash deposits, disguised through multiple interconnected transactions, concealing the true source of the funds obtained through drug sales.The ED previously arrested key figures in the case, including Arshad Ahmed, Fayaz Ahmed Dar, and Laddi Ram, who are currently in judicial custody.