Over Rs. 280 Mn Seized from Suspect in Money Laundering Case

COLOMBO (News 1st): Sri Lanka Police has arrested a man with cash over Rs. 280 million suspected to have been acquired illegally.

Police said two vehicles believed to have been purchased with money earned through drug trafficking, have been seized under the provisions of the Anti-Money Laundering Act.

The suspect is a 40-year-old resident of Ibbagamuwa.

Preliminary investigations reveal that the suspect had collected the money in Sri Lanka under the instructions of a drug trafficker living overseas.

The suspect is scheduled to be produced before the Kurunegala Magistrate’s Court.