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Assets related to drug-trafficking worth Rs. 30M frozen in Thotalanga
8h ago
Assets related to drug-trafficking worth Rs. 30M frozen in Thotalanga

The Illegal Assets Investigation Division of Sri Lanka Police has taken steps to freeze properties allegedly purchased using funds earned through drug trafficking by a female narcotics trafficker.

 

According to police, the assets belong to a resident of Colombo 14, who, along with her husband, is alleged to have accumulated wealth through illegal drug trafficking activities.

 

The frozen properties include a three-storey house and two plots of land located in Thotalanga, valued at approximately Rs. 30 million. Police stated that the properties were purchased by the woman's second husband using illegally obtained funds and have been frozen under the provisions of the Prevention of Money Laundering Act.

 

The Colombo High Court has extended and enforced the freeze order in relation to the properties. Police said the order is effective for a period of seven days from today (05).

 

Further investigations are being carried out by the Illegal Assets Investigation Division.

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