The Illegal Assets Investigation Division has launched a probe into properties allegedly acquired by a 52-year-old drug trafficker from Thanamalwila, Hambegamuwa, following a complaint filed by the Police Narcotics Bureau under the Prevention of Money Loundering Act.
Police said the suspect has previous records relating to narcotics possession and drug trafficking, and has been arrested and produced before courts by several police stations across the country.
The investigation has revealed that a number of properties had been purchased under the name of the suspect’s wife using proceeds earned through illegal drug-related activities. Based on findings submitted to court, the Embilipitiya and Tangalle High Courts have extended the existing asset-freeze orders for a further seven days from 11 December 2025.
According to police, the frozen properties include:
• A pharmacy in Embilipitiya valued at Rs. 30 million
• A 39.5-perch land and hotel in Embilipitiya valued at Rs. 70 million
• A land and two-shop building in Middeniya valued at Rs. 15 million
• A land and shop building in Middeniya valued at Rs. 7.5 million
• Another land and shop building in Middeniya valued at Rs. 7.5 million
• A 25-perch land and two-storey house in Keerawalakatuwa, Embilipitiya valued at Rs. 35 million
• A commercial property with a two-storey building on Panamura Road, Middeniya valued at Rs. 15 million
Police noted that legal action is underway to vest illegally acquired assets in the State. Acting under the directions and supervision of the Inspector General of Police, the Illegal Assets Investigation Division is continuing investigations into all properties believed to have been obtained through unlawful means. (Newswire)