Assets Worth Millions Linked to Suspected Drug Trafficker Frozen by Authorities

The Illegal Assets Investigation Division has taken steps to freeze assets believed to have been obtained through proceeds from drug trafficking.

The investigation began after the division received information alleging that a suspected trafficker had accumulated significant wealth through illegal narcotics activities. Following inquiries, authorities identified a luxury vehicle valued at Rs. 15.5 million that had been registered under the name of the suspect’s wife.

Officials stated that the vehicle had allegedly been purchased using funds generated through drug-related activities. Acting under the provisions of the Prevention of Money Laundering Act, an order was issued to freeze the asset.

The freeze order was later extended by the Colombo High Court after it was presented before the judiciary.

Investigators also arrested the female suspect in connection with the case and produced her before the Colombo Chief Magistrate’s Court.

Further inquiries uncovered that the suspected trafficker had allegedly acquired additional property under the same individual’s name. This included a three-storey residence and land valued at approximately Rs. 40 million located in the Weligampitiya within the Ja-Ela Police Division.

Authorities have issued a temporary order to freeze the property for seven days starting from March 13, 2026, while investigations continue.

Officials confirmed that the Illegal Assets Investigation Division is continuing further inquiries into the case.