The Illegal Assets Investigation Division has frozen properties worth more than Rs. 130 million allegedly purchased with money earned through the illegal trafficking of narcotics.
The investigation was launched under the Prevention of Money Laundering Act following a complaint referred to the division by the Embilipitiya Senior Superintendent of Police.
The assets linked to two suspects include a three-storey house and a one-acre, two-rood plot of land in the New Town area of Embilipitiya, valued at approximately Rs. 70 million.
The second property is a three-storey house on a 23.7-perch plot of land in the Bimmbadugoda area of Embilipitiya, with an estimated value of Rs. 60 million.
According to investigators, the two suspects are believed to have purchased the properties using proceeds from the illegal trafficking of narcotics.
The Illegal Assets Investigation Division has issued an order freezing the properties for 14 days from September 7 under the Prevention of Money Laundering Act.
Further investigations are underway.
