Over Rs. 50 million illegal assets : Suspect arrested

February 16, 2024 at 10:19 AM

A 49-year-old man has been arrested on suspicion of assets acquired illegally using money from drug-related operations in Sri Lanka, the Police said. 

The suspect, a resident of Middeniya, was arrested on Wednesday by officials of the Police Illegal Assets and Property Investigation Unit. 

The Police said investigations have revealed that the suspect had acquired the illegal assets via money received through drug operations carried out between 2017 and to date.

During the arrest, the suspect was found to have illegally acquired a two-storied house on 18 perch land in Middeniya, another land of 03 roods, and two vehicles. The Police said the illegally acquired assets are valued at over Rs. 50 million. 

The Police Illegal Assets and Property Investigation Unit is investigating the matter. (NewsWire)