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Property worth over Rs. 30 mln frozen in Walasmulla over alleged illegal acquisition
Feb 20, 202609:55 AM
Property worth over Rs. 30 mln frozen in Walasmulla over alleged illegal acquisition
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The Illegal Assets Investigation Division has frozen property valued at over Rs. 30 million following allegations that it was acquired through illegal means.

 

The action follows an investigation into a complaint that the assets had been accumulated through drug trafficking and robbery.

 

The property in question belongs to a resident of the Walasmulla area, police said.

 

Accordingly, a 14.1-perch plot of land with a three-story house, valued at over Rs. 30 million and located in the Kadigamuwa area of Walasmulla, which was allegedly purchased in the name of a woman using illegally acquired funds, has been ordered to be frozen for a period of seven days from yesterday (19) under the Prevention of Money Laundering Act.

 

The Illegal Assets Investigation Division is conducting further investigations into the incident.

 

 

 

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