The Illegal Assets Investigation Division has executed a 14-day freezing order on a tipper truck valued at approximately Rs. 5.5 million, which was purchased using illicit funds traced back to a drug trafficking ring.
The action was initiated after investigators uncovered that a suspect from Uswetakeiyawa currently held in remand custody on narcotics charges had funneled illegal drug money to buy the vehicle under his wife’s name. Invoking provisions under the Prevention of Money Laundering Act, authorities blocked any sale, transfer, or disposal of the vehicle effective November 13.
The Illegal Assets Investigation Division is spearheading further inquiries into the network’s holdings. (Newswire)