By Newswire Editorial
A 49-year-old woman has been arrested following investigations into suspicious bank transactions exceeding Rs. 70 million, allegedly linked to drug trafficking and organised crime.
According to Sri Lanka Police, the Illegal Assets Investigation Division uncovered four bank accounts maintained by the woman at two private banks in Piliyandala.
Investigations revealed that more than Rs. 70 million had been transferred through the accounts, with funds allegedly deposited by individuals connected to drug trafficking and organised criminal activities.
Police said the woman is the sister of a suspect under investigation in a separate money laundering probe involving five individuals, including an organised crime gang member and a drug trafficker.
The suspect, a resident of Madapatha, was arrested on Thursday (05) and is scheduled to be produced before the Colombo Chief Magistrate’s Court.
Further investigations are underway under the Prevention of Money Laundering Act. (Newswire)