ED Raids Transnational Narcotics Syndicate; Assets,

Mumbai-New Delhi: The Directorate of Enforcement (ED), Mumbai Zonal Office, has intensified its crackdown on organized drug trafficking networks by conducting extensive search operations at 21 locations across Mumbai, Surat, Ankleshwar, and Rajkot on June 2 and 3, 2026. The searches were carried out under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with an ongoing investigation into an alleged transnational narcotics trafficking syndicate operated by Salim Ismail Dola and his associates.

According to officials, the coordinated operation targeted multiple premises linked to members of the syndicate and individuals suspected of being involved in laundering proceeds generated through international drug trafficking activities. The searches form part of a broader investigation aimed at tracing the financial networks and assets allegedly accumulated through illicit narcotics trade.

Cash, Gold and Foreign Currency Recovered

During the course of the searches, ED officials seized and froze assets worth approximately ₹1.33 crore, including cash, gold bars, and balances lying in various bank accounts. Investigators also recovered foreign currency amounting to USD 2,200, indicating possible international financial transactions connected to the alleged syndicate.

Officials stated that the seizure of cash and precious metals is significant as it may represent proceeds generated through illegal activities and subsequently routed through various channels to conceal their origin.

The agency is now examining the source of these funds and the financial trails associated with the accused individuals and entities connected to the network.

Property Documents Worth Several Crores Unearthed

One of the major findings of the operation was the recovery of documents relating to immovable properties worth several crores of rupees located both in India and Dubai.

Investigators believe these properties may have been acquired using proceeds of crime generated through narcotics trafficking and related illegal activities. The recovered documents are expected to play a crucial role in identifying the ownership structure of the properties and establishing links between the accused persons and the assets.

The ED is likely to undertake a detailed forensic examination of the property records and financial transactions connected to these assets.

Focus on International Drug Trafficking Network

The investigation centers around an alleged transnational organized narcotics trafficking syndicate reportedly operated by Salim Ismail Dola and his associates. Authorities suspect that the network may have been involved in large-scale drug trafficking operations extending beyond India’s borders.

Officials are examining whether proceeds from narcotics trafficking were routed through multiple bank accounts, shell entities, and investments in movable and immovable assets to disguise their illicit origin.

The recovery of foreign currency and overseas property-related documents has strengthened suspicions regarding the international dimensions of the alleged money laundering operation.

Digital and Financial Evidence Under Examination

Sources indicate that investigators have collected various financial records and documents during the search operations. These materials are expected to help authorities reconstruct money trails, identify beneficiaries, and determine the extent of the syndicate’s financial network.

The ED is also expected to coordinate with other domestic and international agencies wherever required to verify overseas transactions and property holdings.

PMLA Investigation Continues

The search operations mark another significant step in the ED’s ongoing efforts to dismantle financial networks linked to organized crime and narcotics trafficking. Under the PMLA framework, the agency has the authority to trace, attach, and confiscate assets believed to be derived from criminal activities.

Officials have indicated that the investigation remains active and further action may follow based on the evidence gathered during the searches. Additional attachments, seizures, and legal proceedings could be initiated as the agency continues to scrutinize the financial dealings of the accused and their associates.

The latest operation underscores the government’s continued focus on targeting not only drug trafficking activities but also the financial infrastructure that supports such organized criminal enterprises.