Sri Lanka, Nov. 6 -- A 49-year-old woman was arrested by the Illegal Assets Investigation Division over four bank accounts through which transactions exceeding Rs. 70 million took place, allegedly involving funds deposited by individuals connected to drug trafficking and organised crime.

Police stated that the Illegal Assets Investigation Division is conducting investigations under the Prevention of Money Laundering Act into five suspects, including a member of an organised criminal gang and a drug trafficker.

Information came to light during the investigations regarding four bank accounts maintained by the sister of one of the suspects at two private banks in the Piliyandala area.

Investigating officers observed that transactions invo...