Daijiworld Media Network - Srinagar
Srinagar, Jul 5: Stepping up its crackdown on terror financing and support networks, the Jammu and Kashmir Police in Srinagar on Saturday attached a property worth Rs 1.5 crore under the Unlawful Activities (Prevention) Act (UAPA).
According to an official statement, the action is part of a broader initiative aimed at dismantling the terror ecosystem in the Union Territory by crippling its financial infrastructure.
The seized asset includes 8 marlas and 202 sq. ft. of land along with a residential building, located at Mir Masjid Mohalla, Shallabagh Khanyar, and recorded under Survey Nos. 3674/1147 and 3677/1148. The property is officially in the name of Mohammad Yousuf Shah, son of Hafiz Waliuallah Shah, and currently held by his son Masood Hussain Shah.
The seizure was executed in connection with FIR No. 48/2024, registered at Police Station Khanyar, under Sections 109 of the Bharatiya Nyaya Sanhita (BNS), 7/27 of the Arms Act, and Sections 16, 18, 19, 20, and 39 of the UAPA.
“Investigations have revealed that the property was acquired through illicit funds generated from terrorist activities,” the police said. “Under Section 25 of the UAPA, the asset has been formally attached following due legal procedures.”
The police have served a legal notice prohibiting any sale, lease, or transfer of the property. The Srinagar Police emphasized that this move is part of a strategic campaign to disrupt terror support structures, particularly their financial networks.
“This is a decisive step towards weakening the financial backbone of terrorist organisations. J&K Police remains committed to eradicating terrorism and protecting public peace,” the statement concluded.
The action comes amid heightened efforts by law enforcement agencies to clamp down on both active terror operatives and those facilitating them through financial and logistical support within the region.