The Illegal Assets Investigation Division has arrested a 53‑year‑old woman from Colombo 14 in connection with purchasing property and assets using money earned through drug trafficking.
Police said the investigation began after the Inspector General of Police received information that a female drug trafficker residing at Ferguson Road, Colombo 14 had acquired property and assets with illicit funds. The complaint was referred to the Division on March 31, 2021.
Following submissions to court, the assets were seized under the Prevention of Money Laundering Act, with the High Courts of Negombo and Colombo extending the orders.
The assets identified include:
- A land of 8.66 perches in Ja‑Ela valued at Rs. 1.4 million
- Rs. 5.9 million deposited across six bank accounts
- Three shops in Colombo 14 valued at Rs. 22.5 million
- One shop in Colombo 14 valued at Rs. 7.5 million
- A three‑storey house with land in Colombo 14 valued at Rs. 20 million
Investigations revealed that these properties were acquired through drug trafficking proceeds, leading to the arrest of the suspect yesterday (13).
The Illegal Assets Investigation Division is continuing further inquiries into the case. (Newswire)
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