The Illegal Assets Investigation Division has obtained orders to freeze two properties worth more than Rs. 100 million, allegedly acquired through drug trafficking, Police said.
The properties were frozen for 14 days from today (10) under the Prevention of Money Laundering Act.
The investigation originated from an incident on May 14, 2020, when Peliyagoda Police arrested seven suspects who were transporting heroin in a jeep.
Following instructions from the Inspector General of Police, the Illegal Assets Investigation Division conducted a parallel investigation into the suspected money laundering activities of those arrested.
Investigators found that one of the suspects, a resident of Peliyagoda, had allegedly acquired two properties using proceeds from drug trafficking.
One property consists of 19.90 perches of land and a two-storey house in Mahara, Kadawatha, with an estimated value of around Rs. 50 million.
The second property consists of 18 perches of land and a two-storey house in Sinharamulla, Kelaniya, also valued at around Rs. 50 million.
Further investigations are being conducted by the Illegal Assets Investigation Division.
