Person arrested with USD 50,000 on suspected money laundering
May 22, 2022 02:07 pm
A person in possession of USD 50,000 has been arrested by the Police Special Task Force (STF) in the Welikada area, on suspicion of money laundering.
Welikada Police said the 36-year-old male was arrested last evening (21) at a shop in the Rajagiriya area.
Upon searching his bag, the STF personnel had discovered 500 notes of the USD 100 denomination.
The suspect is reportedly a permanent resident of Hatton who is temporarily residing in the Aluthmawatha area in Colombo 15.
He had failed to reveal how he had come into possession of the foreign currency and for what purpose he was in possession of the currency at the said location.
The suspect’s car and two mobile phones have also been taken into custody.