Police have arrested a 53-year-old woman from Colombo 14 on suspicion of using income from drug trafficking to acquire multiple properties and substantial cash deposits across the city.
The Illegal Assets Investigation Division apprehended the suspect following a lengthy investigation that began after the Inspector General of Police received information about a female drug trafficker purchasing property with illicit funds. The complaint was formally referred to the Division in March 2021, according to police statements.
Court proceedings led to the seizure of multiple assets under the Prevention of Money Laundering Act, with both the Negombo and Colombo High Courts approving the orders. The seized holdings comprise a significant portfolio including a three-storey house with attached land in Colombo 14 valued at Rs. 20 million, four commercial shop properties totaling Rs. 30 million, Rs. 5.9 million held across six separate bank accounts, and a plot of land measuring 8.66 perches in Ja-Ela assessed at Rs. 1.4 million.
Police investigations concluded that these properties and funds were accumulated through proceeds of drug trafficking activities. The arrest was executed on August 13, with the Illegal Assets Investigation Division indicating that further inquiries into the case remain ongoing to establish the full extent of the suspect's suspected illicit activities and potential connections.
