header logo
Asia asset finance
Mogo Academy
Latest
Police seize cash worth millions earned from drug trafficking
Aug 01, 202008:29 AM
Police seize cash worth millions earned from drug trafficking

Cash worth USD 140,000 (approximately Rs. 55.99 million) and Rs. 30 million have been discovered from a house in the area of Dematagoda, the Police said.

 

According to reports, the said quantity had been earned from drug trafficking and was scheduled to be transferred via Mundial System.

 

A suspect who had posed as money lender was also taken into custody with regard to the incident.

 

The Police said he was in possession of 4g of heroin at the time of the arrest.

 


In another development, an individual was arrested and interrogated during a raid conducted on Saturday (01) on a tip-off received by the intelligence unit of the Western Province.

 

During the process it was revealed that the suspect had a bank balance of Rs. 70 million.

 

Furthermore, the money was being disbursed to accounts belonging to various persons upon the instructions given by an individual from abroad via telephone.

 

Later, details of four other accounts to which the money was transferred to were uncovered and the account holders were also taken into custody.

 

According to Police, the accounts had funds amounting to over Rs. 40 million.

 

It is suspected that the money in question was obtained through drug trafficking.

 

 

 

 

MostRead
Mobitel 5g
VideoStories
Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Farmers stage protests urging govt. to purchase paddy at a fair price

Farmers stage protests urging govt. to purchase paddy at a fair price

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

'No one can influence public appointments'  Govt denies officials appointed at Cardinal’s request

'No one can influence public appointments' Govt denies officials appointed at Cardinal’s request

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Lassana Flora