A 49-year-old woman has been arrested by the Illegal Assets Investigation Division over four bank accounts through which transactions exceeding Rs. 70 million had taken place, allegedly involving funds deposited by individuals connected to drug trafficking and organised crime.
The Illegal Assets Investigation Division is conducting investigations under the Prevention of Money Laundering Act into five suspects, including a member of an organised criminal gang and a drug trafficker, said police.
In the course of these investigations, information has been revealed regarding four bank accounts maintained by the sister of one of the suspects at two private banks in the Piliyandala area.
It has also been observed that transactions involving a sum exceeding Rs. 70 Million had taken place through these accounts.
Further investigations by the Illegal Assets Investigation Division have revealed that funds had been deposited into these accounts by individuals connected with drug trafficking and organised crime, said police.
Accordingly, the female suspect who maintained the accounts was arrested by investigating officers on 05.11.2026.
The suspect is a 49-year-old resident of the Madapatha area.
The suspect is scheduled to be produced before the Colombo Chief Magistrate’s Court today.
Further investigations are being conducted by the Illegal Assets Investigation Division.