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Assets worth Rs. 47.5 million frozen in money laundering investigation
Assets worth Rs. 47.5 million frozen in money laundering investigation
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Authorities have frozen assets worth approximately Rs. 47.5 million allegedly acquired through illegal means by a 47-year-old man and his wife in Padavi Parakramapura, police stated.

 

The investigation was launched by the Illegal Assets Investigation Division after the Inspector General of Police referred a complaint received by the Criminal Investigation Department (CID) alleging that the suspect had accumulated wealth through drug trafficking.

 

Investigators have reportedly found that the assets were acquired using money allegedly obtained through illegal activities. The assets include a 15-perch plot of land and a two-storey building in the New Town area of Padaviya, valued at approximately Rs. 27.5 million, which had been purchased in the name of the suspect’s wife.

 

The authorities also identified a 15-perch plot of land and a house in Wijayapura, Anuradhapura, valued at approximately Rs. 12 million.

 

In addition, a van valued at around Rs. 6.5 million and a lorry valued at approximately Rs. 1.5 million have also been identified.

 

The 47-year-old suspect and his 45-year-old wife were arrested on suspicion of committing an offence under the Prevention of Money Laundering Act.

 

Orders have been issued to freeze the identified assets for 14 days from September 22, 2026, under the provisions of the Act.

 

The Illegal Assets Investigation Division is continuing its investigations.

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