The Illegal Assets Investigation Division has launched an investigation into several properties allegedly acquired by a 52-year-old drug trafficker from Thanamalwila, Hambegamuwa.
The probe began following a complaint lodged by the Police Narcotics Bureau under the Prevention of Money Laundering Act.
According to police, the suspect has an extensive criminal history involving narcotics possession and drug trafficking, and has been arrested and produced before courts by multiple police stations across the country. Investigators have uncovered evidence indicating that a number of high-value properties were purchased under the name of the suspect’s wife using funds generated from illegal drug activities.
Based on the findings submitted to court, both the Embilipitiya and Tangalle High Courts have extended the existing asset-freeze orders for an additional seven days, effective from 11 December 2025. The frozen properties include a pharmacy in Embilipitiya valued at Rs. 30 million, a 39.5-perch land and hotel worth Rs. 70 million, and several lands and shop buildings in Middeniya valued between Rs. 7.5 million and Rs. 15 million. Investigators have also frozen a 25-perch land with a two-storey house in Keerawalakatuwa, Embilipitiya, valued at Rs. 35 million.
Police said legal measures are currently underway to vest these illegally acquired assets in the State. Acting under the directives of the Inspector General of Police, the Illegal Assets Investigation Division continues to pursue all properties suspected to have been obtained through unlawful means.
