Woman arrested over alleged drug money assets
Sri Lanka, Aug. 14 -- The Illegal Assets Investigation Division arrested a woman who purchased assets and property using money earned from drug trafficking.
Police stated that the arrested individual is a 53-year-old woman named 'Poddi', a resident of the Ferguson Road area in Grandpass.
A complaint was received by the Illegal Assets Investigation Division regarding her in the year 2021.
Subsequently, after considering a submission made by the police, the Colombo High Court ordered the freezing of assets and property belonging to her under the Prevention of Money Laundering Act.
This includes a land valued at Rs. 1.4 million in the Ja-Ela area, Rs. 5.9 million that was in six bank accounts, three shop rooms valued at about three crore...
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