Sri Lanka, March 16 -- The Illegal Assets Investigation Division has arrested a suspect under the Prevention of Money Laundering Act for allegedly assisting in the disposal of assets obtained through drug trafficking.

Police said the investigations were launched following a complaint that a suspect who trafficked narcotics from South India to Sri Lanka between 2019 and 2023 had used the proceeds to acquire a two-storey house, a five-room house, a car and nearly 360 pounds of gold jewellery. The gold items had reportedly been pawned and later sold.

After the main suspect was arrested, a case was filed in the Mannar High Court regarding the two houses and the car believed to have been purchased using illicit funds. Court orders were obtai...