Sri Lanka, Oct. 3 -- Properties worth over Rs. 44.5 million illegally acquired by a woman in the Negombo area have been frozen for a period of 14 days by the Illegal Assets Investigation Division.

The Illegal Assets Investigation Division launched an investigation based on information received that a person and a woman residing in Negombo acquired assets through drug trafficking.

Accordingly, a plot of land valued at approximately Rs. 9.5 million, located in Katuneriya, and a two-storey house built on it valued at Rs. 35 million, acquired by the woman through drug trafficking, were deactivated under the Prevention of Money Laundering Act.

Published by HT Digital Content Services with permission from Hiru News....