Businessman Arrested in Major Drug Trafficking Case in Punjab

A Punjab businessman, Abhishek Kumar, has been apprehended under anti-money laundering laws in a drug trafficking case. The ED alleges Kumar's firm sold illicit psychotropic drugs off-record, generating Rs 3.75 crore. This follows a Punjab Police FIR on inter-state drug trafficking networks.

A Punjab-based businessman, Abhishek Kumar, has been arrested under the anti-money laundering law in connection with a drug trafficking case, according to the Enforcement Directorate (ED).

Kumar was taken into custody on Tuesday and ordered to a six-day remand by a special PMLA court in Mohali. The case follows a Punjab Police FIR alleging a large-scale inter-state trafficking network for psychotropic drugs, including Tramadol and Alprazolam, involving medicine retailers and wholesalers.

Abhishek Kumar reportedly generated illicit funds by selling these drugs through his firm, Shree Shyam Medical Agency, while inflating legal transactions to mask illegal dealings. The operation allegedly involved acquiring these drugs from firms like Biogenetic Drugs and CB Healthcare, selling approximately 75% of the stock off the books.

(With inputs from agencies.)