header logo
Vallibel FD
vallible LE
Latest
Assets worth Rs. 47.5 million frozen in money laundering investigation
Sep 23, 202606:18 AM
Assets worth Rs. 47.5 million frozen in money laundering investigation
Mobitel inner 1278

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.

MostRead
Mobitel 1278
VideoStories
 Massive drug haul linked to 'Dehibale Malli' seized in major operation at Talalla Beach

Massive drug haul linked to 'Dehibale Malli' seized in major operation at Talalla Beach

 Massive drug haul linked to 'Dehibale Malli' seized in major operation at Talalla Beach

Massive drug haul linked to 'Dehibale Malli' seized in major operation at Talalla Beach

 Prevention of Organised Crimes Bill sparks controversy as experts raise concerns

Prevention of Organised Crimes Bill sparks controversy as experts raise concerns

 Low-pressure area over Bay of Bengal triggers heavy rainfall across parts of Sri Lanka

Low-pressure area over Bay of Bengal triggers heavy rainfall across parts of Sri Lanka

 MP Namal Rajapaksa issues special statement to mark 50 days since his imprisonment

MP Namal Rajapaksa issues special statement to mark 50 days since his imprisonment

Traffickers changing routes amid intense scrutiny; Narcotics seized from US, UK and EU arrivals

Traffickers changing routes amid intense scrutiny; Narcotics seized from US, UK and EU arrivals

Protest demanding release of Gnanasara Thero continues;  Eviction order served to demonstrators

Protest demanding release of Gnanasara Thero continues; Eviction order served to demonstrators

Court rejects Namal Rajapaksa’s bail application; MR pens emotional letter to remanded son Namal

Court rejects Namal Rajapaksa’s bail application; MR pens emotional letter to remanded son Namal

“AI presents opportunities while posing new challenges” CBSL Chief at 76th anniversary celebrations

“AI presents opportunities while posing new challenges” CBSL Chief at 76th anniversary celebrations

Gnanasara Thero will not be produced before court tomorrow

Gnanasara Thero will not be produced before court tomorrow

SC concludes hearing petitions challenging proposed anti-terrorism bill;

SC concludes hearing petitions challenging proposed anti-terrorism bill;

 Highest rainfall recorded in Marawila as heavy downpour continues in parts of the island

Highest rainfall recorded in Marawila as heavy downpour continues in parts of the island

 Opposition seeks parliamentary select committee to probe death of tusker 'Kawanthissa’

Opposition seeks parliamentary select committee to probe death of tusker 'Kawanthissa’

 Final rites of Most Ven. Keppetiyagoda Siriwimala Thero held with state patronage in Kandy

Final rites of Most Ven. Keppetiyagoda Siriwimala Thero held with state patronage in Kandy

Will island-wide power cuts end in three days? Govt. says situation will return to normal tomorrow

Will island-wide power cuts end in three days? Govt. says situation will return to normal tomorrow

Lassana Flora
Lassana Flora