Rs. 30 Mn worth properties frozen in probe linked to female drug trafficker

Colombo, June 5 (Daily Mirror) - The Illegal Assets Investigation Division has launched an investigation into a suspected drug trafficking operation following a complaint referred by the Inspector General of Police (IGP) involving a female suspect residing in Colombo 14.

According to investigators, the woman and her husband are alleged to have amassed significant wealth and property through large-scale drug trafficking activities.

During the probe, authorities uncovered evidence indicating that the suspect’s husband from her second marriage had acquired luxury real estate using funds believed to have been generated through illicit means. The properties, situated in the Grandpass area, include a 1.30-perch plot of land and a separate 0.75-perch property featuring a three-storey house. The combined value of the assets is estimated at approximately Rs. 30 million.

Based on the findings, the Colombo High Court issued freezing orders under the Prevention of Money Laundering Act, preventing any transactions involving the properties. The orders came into effect today (June 5) and will remain valid for seven days.

The Illegal Assets Investigation Division said further investigations are underway to examine the suspect’s financial activities and potential links to wider criminal networks.