Property worth Rs. 30 million linked to major organised criminal frozen - Police

Sri Lanka's Police, through the Illegal Assets Investigation Division, has moved to freeze a property valued at about Rs. 30 million, believed to be linked to money made from drug trafficking. The police began their investigation after receiving a complaint about an organized criminal who had recently returned to Sri Lanka from abroad. This individual is accused of buying the property in his daughter's name with money thought to be earned through drug activities. During the investigation, officers discovered a two-storey house in the Pannipitiya area, estimated to be worth around Rs. 30 million, which they suspect was bought using illegal funds. An order has been issued to freeze the property for seven days, starting from March 5, under the Prevention of Money Laundering Act. The Illegal Assets Investigation Division is continuing to look into the matter, according to police.