Sri Lanka Police freeze properties worth over Rs. 100 Million in drug trafficking probe

Two properties worth more than Rs. 100 million have been frozen for 14 days after investigators found they were allegedly acquired using money earned through drug trafficking.

The freezing orders were imposed by the Illegal Assets Investigation Division of Sri Lanka Police from September 10, 2026, under the Prevention of Money Laundering Act.

The investigation stems from the arrest of seven suspects by Peliyagoda Police on May 14, 2020, while they were allegedly transporting heroin in a jeep.

Following instructions from the Inspector General of Police, the Illegal Assets Investigation Division also launched an investigation into the suspects under the Prevention of Money Laundering Act.

Investigators later found that a suspect residing in the Peliyagoda area had allegedly acquired two properties using proceeds from drug trafficking.

One property consists of a 19.90-perch land and a two-storey house at Mahara, Kadawatha, with an estimated value of around Rs. 50 million.

The second property consists of an 18-perch land and a two-storey house at Sinharamulla, Kelaniya, also valued at around Rs. 50 million.

According to investigators, the two properties are worth more than Rs. 100 million in total and are suspected to have been purchased using proceeds from drug trafficking.

The Illegal Assets Investigation Division is conducting further investigations.