A stock of over 50 kilos of Walla Patta (Agarwood) worth at least Rs. 500 million was seized by officials from the Panadura Walana Police on Sunday (Oct 01).
The Police stated that the stock of Walla Patta was seized while it was transported in a luxury car, without valid documents, by a 63-year-old man.
The suspect had been arrested with the contraband following a raid conducted at the junction near Calido Beach on Galle Road in the Kalutara North area last morning.
The Police stated that the suspect and the stock of Walla Patta have been handed over to the Kalutara North Police station for investigations.
The suspect has been identified as a retired manager of a state bank.
Preliminary investigations have revealed that the suspect had been involved in the racket by being attired in a way misleading law enforcement officials. (NewsWire)