Authorities have frozen assets worth more than Rs. 44.5 million belonging to a man and a woman from the Negombo area over suspected links to drug trafficking.
The Illegal Assets Investigation Division launched an investigation based on information that the two individuals had acquired the assets using proceeds from drug trafficking.
The assets include a 24.8-perch plot of land in Katuneriya, valued at approximately Rs. 9.5 million, which was purchased in the woman’s name, along with a two-storey house built on the property and valued at around Rs. 35 million.
The assets have been frozen for 14 days under the Prevention of Money Laundering Act.
The Illegal Assets Investigation Division is continuing its investigations into the matter.
