header logo
Vallibel FD
vallible LE
Latest
Assets worth nearly Rs. 140 mln frozen over suspected illegal earnings
Sep 18, 202608:23 AM
Assets worth nearly Rs. 140 mln frozen over suspected illegal earnings
AI generated image
Mobitel inner 1278

The Illegal Assets Investigation Division has frozen assets worth nearly  Rs. 140 million belonging to two individuals suspected of acquiring them through illegal means.

 

One of the suspects, a resident of Wattala, has had properties worth over Rs. 900 million frozen over allegations that they were acquired using proceeds from drug trafficking.

 

The assets include:

  • A seven-perch land and two-storey house in Hunupitiya, valued at approximately Rs. 40 million
  • A 17-perch land and two houses in Hunupitiya, Wattala, valued at approximately Rs. 30 million
  • A five-perch land and building in Hunupitiya, Wattala, valued at approximately Rs. 5 million
  • A three-perch land and building on Kanthi Mawatha, Hunupitiya, valued at approximately Rs. 7 million
  • A car valued at approximately Rs. 800,000

The Illegal Assets Investigation Division is conducting an investigation under the Prevention of Money Laundering Act into the properties allegedly acquired with money earned through drug trafficking.

 

Orders have been issued to freeze the assets for 14 days from today (18), preventing their sale, transfer or any other transaction.

 

Meanwhile, the division has also frozen a jeep worth approximately Rs. 35 million belonging to another suspect, a resident of Thanamalwila.

 

The investigation was launched following a complaint made by the Director of the Police Narcotics Bureau (PNB) regarding the assets allegedly acquired through illegal means.

 

An order has been issued to prevent the jeep from being sold, transferred or otherwise dealt with for 14 days from yesterday (17).

MostRead
Mobitel 1278
VideoStories
US announces $17 million grant to Sri Lanka  to upgrade Colombo Port digital systems

US announces $17 million grant to Sri Lanka to upgrade Colombo Port digital systems

Former SIS chief Suresh Salley gives evidence before court  in Eknaligoda disappearance case

Former SIS chief Suresh Salley gives evidence before court in Eknaligoda disappearance case

Prisons Commissioner meets Chief Prelates, discuss regarding Gnanasara Thero's release

Prisons Commissioner meets Chief Prelates, discuss regarding Gnanasara Thero's release

Group of Buddhist monks demanding Gnanasara Thero's release continue protest after meeting officials

Group of Buddhist monks demanding Gnanasara Thero's release continue protest after meeting officials

Buddhist monks' march demanding Gnanasara Thero's release reaches the Presidential Secretariat

Buddhist monks' march demanding Gnanasara Thero's release reaches the Presidential Secretariat

IMF ready to support Sri Lanka "in any way they desire as appropriate"

IMF ready to support Sri Lanka "in any way they desire as appropriate"

 CPC will be strengthened with 75 new fuel stations - President at Economic and Investment Summit

CPC will be strengthened with 75 new fuel stations - President at Economic and Investment Summit

MP Namal Rajapaksa further remanded until Oct. 27 over Airbus bribery case

MP Namal Rajapaksa further remanded until Oct. 27 over Airbus bribery case

Central Bank of Sri Lanka releases Financial Stability Review 2026

Central Bank of Sri Lanka releases Financial Stability Review 2026

Various Buddhist leaders and groups express views on Gnanasara Thero's monastic robes issue

Various Buddhist leaders and groups express views on Gnanasara Thero's monastic robes issue

Former CJ Sarath N. Silva claims punishment imposed on Gnanasara Thero against the law

Former CJ Sarath N. Silva claims punishment imposed on Gnanasara Thero against the law

MP Chamara Sampath Dassanayake remanded following arrest over bribery allegations

MP Chamara Sampath Dassanayake remanded following arrest over bribery allegations

 Minister Bimal reveals details of corruption cases filed against politicians and other key figures

Minister Bimal reveals details of corruption cases filed against politicians and other key figures

NPP MP Chandana Sooriyaarachchi released on bail following arrest over road accident

NPP MP Chandana Sooriyaarachchi released on bail following arrest over road accident

 Producing Gnanasara Thero before court inprison clothing sparks

Producing Gnanasara Thero before court inprison clothing sparks

Lassana Flora
Lassana Flora