A suspect has been arrested under the Prevention of Money Laundering Act with Rs. 283,300,000 suspected to have been earned illegally, along with two vehicles.

According to the Police, officials of the Illegal Assets Investigation Division apprehended the individual during a special raid conducted yesterday (19 Jan).

The suspect taken into custody is a 40‑year‑old resident of Ibbagamuwa.

Preliminary investigations revealed that the suspect had maintained telephone contacts with a drug trafficker believed to be hiding abroad, and under his instructions had collected money from drug traffickers operating within Sri Lanka.

It has also been uncovered that the vehicles in question were purchased using money earned from drug trafficking.

The suspect is scheduled to be produced before the Kurunegala Magistrate’s Court today (20).

Further investigations are being carried out by the Illegal Assets Investigation Division. (Newswire)

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