Woman arrested over alleged drug money assets

The Illegal Assets Investigation Division arrested a woman who purchased assets and property using money earned from drug trafficking.

Police stated that the arrested individual is a 53-year-old woman named 'Poddi', a resident of the Ferguson Road area in Grandpass.

A complaint was received by the Illegal Assets Investigation Division regarding her in the year 2021.

Subsequently, after considering a submission made by the police, the Colombo High Court ordered the freezing of assets and property belonging to her under the Prevention of Money Laundering Act.

This includes a land valued at Rs. 1.4 million in the Ja-Ela area, Rs. 5.9 million that was in six bank accounts, three shop rooms valued at about three crore rupees in the Grandpass area, and a land with a three-storey house valued at about two crore rupees located in the same area.