The Enforcement Directorate (ED) has attached assets worth ₹4.69 crore in connection with the alleged issuance of arms licences to ineligible persons in Jammu & Kashmir.
The properties are in the form of bank balances, plots, flats and residential houses. The action has been taken on the basis the First Information Reports (FIR) registered by the Central Bureau of Investigation (CBI) against the then Deputy Commissioner of Kupwara and other officials.
It is alleged that the officials, in conspiracy with many arms dealers/brokers, issued licences in violation of rules, in lieu of bribes.
Last week, the agency had conducted searches at 11 locations in J&K, on the premises of government functionaries and arms dealers who are involved in the case. The ED has calculated the tentative proceeds of alleged crime to be ₹40 crore.
