The Enforcement Directorate (ED) has secured its highest conviction order under Prevention of Money Laundering Act (PMLA) in a drug case from a special CBI court, which convicted Allauddin Sk. for the offence of money laundering under Section 4 of PMLA.
He has been sentenced to eight years of Rigorous Imprisonment and a fine of Rs two lakh.
The Narcotics Control Bureau (NCB) had seized 3.950 kg of opium from his possession and had also seized 25.450 kg of opium and 550 kg of poppy husk from his residence.
He was booked for commission of offence under Section 15 (c) and 18(b) of Narcotics Drugs and Psychotropic Substances Act, 1985.
The NCB investigation revealed that he was a habitual offender and he had traded in opium on regular basis.
The Enforcement Directorate investigated the case under PMLA and Prosecution Complaint was filed on March 30, 2015 before the Ld. Special Court at Kolkata.
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Meanwhile, during the course of investigation the Enforcement Directorate succeeded in tracing two immovable properties, having area of 152 decimals valued at Rs. three Lakh.
The trial in the court of Special Judge, CBI was concluded in seven months during which seven prosecution witnesses and four defence witnesses were examined.
This is the second case in India where conviction has been secured under PMLA and also the first such case under NDPS.
Further, this is the highest sentence awarded under PMLA till date.