Police freeze Rs. 130 Million in Embilipitiya properties in drug money probe

Sri Lanka Police have frozen two properties worth more than Rs. 130 million in Embilipitiya over suspicions that they were purchased with money earned through illegal drug trafficking.

The investigation was launched after the Senior Superintendent of Police (SSP) in Embilipitiya referred a complaint to the Illegal Assets Investigation Division regarding properties believed to have been purchased by two individuals using proceeds from drug trafficking.

Police are conducting the investigation under the Prevention of Money Laundering Act.

One of the properties is a one-acre and two-rood land with a three-storey house at Kavantissapura, Embilipitiya. The property, covered by a deed of transfer, has an estimated value of Rs. 70 million.

The second property is a 23.7-perch land with a three-storey house at Bimbaduyaya, New Town, Embilipitiya. It is also covered by a deed of transfer and is estimated to be worth Rs. 60 million.

Investigations have revealed that the two suspects are believed to have purchased the properties, valued at more than Rs. 130 million in total, using money illegally earned through drug trafficking.

Accordingly, the Illegal Assets Investigation Division has issued orders under the Prevention of Money Laundering Act to freeze both properties for 14 days from September 7, 2026.

The Illegal Assets Investigation Division is conducting further investigations.